China-EU trade surplus: $360B in 2025
China's goods trade surplus with the EU hit $360 billion in 2025, a 15% increase on 2024, with a record surplus projected for 2026.
Snapshot · The Prof G Pod with Scott Galloway
China Decode: Apple's China Chip Play, DeepSeek Seeking Billions, and the Californication of Chinese Food
Explore episode
Jun 30, 2026
Where this was said
Markets Check: The EU-China Trade War Bubble
At 23:20 · chapter starts 22:55
Alice Han introduces the second major segment: Chinese Commerce Minister Wang Wentao's visit to Brussels to meet EU Trade Commissioner Maros Sefčovič, amid escalating fears of an EU-China trade war. The backdrop is stark — China's goods trade surplus with the EU reached $360 billion in 2025, up 15% from 2024 [1] — Alice Han "China-EU trade surplus: $360B in 2025: China's goods trade surplus with the EU hit $360 billion in 2025, a 15% increase on 2024, with a rec…" 23:20 , with a record 2026 surplus already in sight given H1 data. Alice Han notes that despite these imbalances, Europe has been quietly entertaining closer relations with China as a counterweight to what it perceives as an unpredictable Washington — accelerated by the Iran crisis and its energy implications. She flags two trade flashpoints: the price floors agreed in January for Chinese EVs (designed to sidestep EU tariffs of close to 40%), and the emerging threat of new tariffs on Chinese plug-in hybrid vehicles (PHEVs), which have surged into European markets. Europe's position, she suggests, is one of structural dependence combined with political ambivalence.
Europe's Industrial Base Faces Extinction
James Kynge made one of the starkest assessments of Europe's economic position: within 5 to 10 years, Europe's industrial base could be wiped out by Chinese competition — not through military force, but through technologically superior products priced at levels Europeans cannot match.
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