
The issue is whether the region can become more capable through trade with China or if it is simply a larger outlet for China’s production
China's export surge, driven by weak domestic demand, sees shipments to Southeast Asia jump 52.3 per cent, raising regional concerns over balanced growth and trade friction.
AI-generated summary
China's domestic economy remains under strain while its exports accelerate, creating trade friction with partners.
China’s export machine is accelerating as its domestic economy remains under strain. This comes amid growing trade friction as China’s partners question whether persistent surpluses can coexist with balanced and resilient regional growth.
Last month, China’s exports rose 36.3 per cent year on year, while shipments to Southeast Asia jumped 52.3 per cent. The trade surplus reached US$133.5 billion, taking the nine-month total to US$938.1 billion.
In contrast, retail sales grew just 0.4 per cent in August, according to the latest official figures. For the first eight months, fixed-asset investment dropped 7.2 per cent while property investment plunged 19.9 per cent. Yet industrial production for August rose 5.2 per cent.
These figures do not prove that exports alone explain China’s resilience or that every factory is overproducing. But they reveal how external demand sustains production while domestic demand remains uneven.
Zhang Zhiwen, deputy secretary-general of Guangxi, said on the 19th that Guangxi has consolidated quality infrastructure in recent years, built 10 national-level and 39 autonomous region-level quality inspection centers, innovated the "AI + quality supervision" model, promoted the quality strategy, and provided technical support for China-ASEAN cross-border trade.

Affected by the continued remittances of foreign capital, the exchange rate of the New Taiwan dollar against the U.S. dollar closed at 32.445 yuan on Monday, a depreciation of 1.07 cents, hitting a new low in nearly 18 months. Even though the central bank rarely called for stabilizing the exchange rate during the session, it was still unable to withstand the huge selling pressure, and the exchange rate fell seven times in a row.

China announced that its GDP grew by 4.5% year-on-year in the third quarter, and the cumulative growth in the first three quarters was 4.6%. The economy is clearly experiencing "heat outside and cold inside", with exports and high-end manufacturing growing strongly. However, real estate investment has declined, new construction area in the housing market has dropped by 25%, and domestic consumption and overall investment remain weak.

Foreign media "The Motley Fool" reported that TSMC's financial results are outstanding. Thanks to the strong demand for AI infrastructure, TSMC is still a top AI investment target. If profits in 2027 meet expectations, the stock price is expected to rise again.
After the National Bureau of Statistics released economic data for the first three quarters, Lu Liping, a professor at Renmin University of China, pointed out at an analysis meeting that the current economy is divided in terms of demand, price and growth momentum, and policies are shifting from short-term stimulus to long-term system construction. The economy in the fourth quarter is expected to be "low at first and then stable".

TLC-KY, a new drug R&D company in Xinggui, announced that its new long-acting post-operative analgesic drug TLC-KY has successfully unblinded the Phase III clinical trial, significantly reducing postoperative pain and reducing the use of opioids. It is expected to apply to the US FDA for new drug marketing in the first half of next year.