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.
In his keynote address at the opening of the Communist Party congress, Chinese President Xi Jinping has said economic and financial reforms will be accelerated. What exactly is the leadership aiming to do?
Germany exported significantly more goods in August than it imported as the country’s economy continues to show all the signs of powerful growth in the third quarter, easing fears about a strong euro impacting trade.
Expansion of the world's second-largest economy has cooled slightly, fresh figures from the national statistics office have shown. But there's no sign of instability as the Communist Party Congress is in full swing.
If the European Union continues to underestimate its bilateral economic and power relationship with China, it risks not being able to improve its position, says DW's Frank Sieren.
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