EconomyFrom ‘World Factory’ to ‘World Market’: China’s Imports Surge 22% in First Seven Months
China’s imports grew 22% year on year in the first seven months of 2026, eight percentage points faster than exports, according to customs data. Metal ores, electronic components and consumer goods led the increase. After zero tariffs were introduced for 53 African countries, imports from Africa rose 23.5% over the following two months.
From ‘World Factory’ to ‘World Market’: China’s Imports Surge 22% in First Seven Months