China floods the world with cheap exports

Whether it's kids' toys or EVs. China's exports are on a tear this year. Companies shipped $2.5% trillion worth of goods through August. That's the most for any year for China or for any other country, for that matter.It's driven by rising demand from all over the world. And it's come despite a drop in shipments to the U.S. after President Donald Trump put 50% or more tariffs on almost all goods from China. For Beijing, it's good news because it's boosting growth at home at a time of domestic economic woes. ...