As China’s economic growth has slowed down Europe’s business with the Asian country no longer booms as usual – with consequences for Europe’s leading export country Germany.
The Riele company tensely watches the Chinese market.
German exports recorded a surprise fall in October for the second straight month while imports grew, narrowing the massive trade surplus of Europe’s biggest economy. But the decline is unlikely to silence critics.
Representatives of the 164 WTO member countries are in Buenos Aires for their biennial meeting. The odds of a breakthrough look grim against the backdrop of Donald Trump's 'America First' policy and discord over China.
The EU and Mexico have had a free trade agreement for 17 years, but have been negotiating a new one for the past 18 months. Following the most recent round of talks, hopes are high that a deal can be concluded next week.
© 2017 Deutsche Welle |
Legal notice |