The importance of German exports to China is decreasing

Port of Hamburg

Only 6.2 percent of German exports went to China in the first half of this year.

(Photo: dpa)

Berlin For years, German companies have benefited from high exports to China. The People’s Republic is like the German machine of prosperity. But those times are over. This is shown by a study conducted by the Kiel Institute for the World Economy (IfW), which was made available to Handelsblatt earlier. Therefore, the importance of German exports to the second largest economy in the world is decreasing.

According to the analysis, exports have recently been much weaker than expected given China’s economic growth. This is not due to the fact that Germany wants to become more economically independent from China, but quite the opposite. China wants to become more independent in exports from other countries in order to be less dependent on them.

According to an IfW analysis, German exports to China have been shrinking for years. From 2018 to 2022, in real terms this figure has fallen by 7.5 percent. As a result, China’s role as a trading partner has declined again compared to other countries.

Read on now

Get access to this article and every other article on

Web and in our app free for 4 weeks.

Further

Read on now

Get access to this article and every other article on

web and in our app.

Further

Ambrose Fernandez

"Subtly charming web junkie. Unapologetic bacon lover. Introvert. Typical foodaholic. Twitter specialist. Professional travel fanatic."

Leave a Reply

Your email address will not be published. Required fields are marked *

naughty cam girls adultcamslive.cc karly_angel
hindi sex clips xlxx.pro sexy hot imges
vasundhara kashyap nude video tubeshere.info indian xvideoa
sexy lady bf tubeband.mobi girl with horse sex
xmxx motherless.pro mallu mms scandal
سكس ىابانى eroplaytube.com سكس\
wwww xxxx vidos pornindianhub.info www.xxx movie
tamil pornhub 2beeg.mobi chudaimaza
lobsters tube zatube.mobi gujarati sex videos
indian bollywood porn pornogator.net kochikame porn
bengali actress porn video free-porn-hose.net xvideo bangladeshi
boss secretary sex hdsexword.mobi xxx dasi sex video
sexxx3 hamsterporn.mobi malayalam sex with
garo xxx video brostube.mobi todayspkmovies
rajasthan sax video pelisporno.org andhra sexy video download