Countries worldwide are buying more than ever from China, but domestic consumption is lagging and government stimulus efforts aren’t working.

Beijing is fighting to limit the damage from a pattern of price wars and excess capacity across multiple industries.

China is more interested in expansionism than solving its own pressing economic and social issues, and Taiwan is determined to defend itself from Chinese aggression, the island's top security official said on Tuesday.

A further increase in China’s trade surplus failed to fully offset the effects of a worsening housing market, which has left consumers wary.

China’s economy is struggling with excessive debt, deflation, excess capacity, and a rapidly aging population. China continues to rely on exports to support economic growth. China has been increasingly accused of dumping its excess production in world markets. This is exacerbating trade frictions, especially with the US.

US President Donald Trump and Chinese leader Xi Jinping are poised to hold a high-stakes summit in South Korea on Thursday, as the world’s two largest economies struggle to resolve a protracted trade conflict that has upended global economy.