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 Chancellor Merkel and Chinese President Xi may strive to champion global free commerce and present a united front against US President Trump's protectionism. But all is not well between the two trade partners.
With dynamic growth and access to capital seen as primary factors for jumping three places, the US has regained its status as being on the cutting edge of competitiveness in a ranking by the IMD think tank.
German Chancellor Angela Merkel gets a warm welcome in China, while Foreign Minister Heiko Maas has to deal with an increasingly abrasive United States. These are testing times for Germany, says DW's Fabian von der Mark.
Washington and Beijing have agreed on measures to "substantially" reduce the US trade deficit with China after two days of talks. The deal calls for China to start buying more US products.
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