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Will China’s manufacturing juggernaut run out of road?

An aerial view of BYD global headquarters in Shenzhen, Guangdong Province, China.
An aerial view of BYD global headquarters in Shenzhen, Guangdong Province, China. BYD is a leading exporter of electric vehicles. Photo: Xiaolu Chu/UNI FILM/Getty Images
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The Financial Times

10 min read

Faced with weak demand at home and the threat of tariffs abroad, Beijing is under pressure to rethink its export-driven model.

6 December 2024 by Joe Leahy and Tina Hu in Beijing, Chan Ho-him in Hong Kong

Exporters normally do not welcome news of tariffs. But in the southern Chinese manufacturing heartland of Foshan, Donald Trump’s threat late last month to impose an additional 10 per cent tax on imports from China was

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