Business for Germany's mechanical engineering companies has been fine lately. However, there are worries about slowing growth in China. The country has lost its spot as the prime market for Germany's machine builders.
The presidential election in Iran will decide whether or not the country's economic 'opening-up' should continue, says VDMA expert Klaus Friedrich, who discussed current problems in doing business with Iran with DW.
The German Engineering Association expects slight growth in 2017 and has advocated for more free trade. Industry representatives also urge China to be fair to foreign investors.
The European Parliament rejected plans for a "robot tax" back in February, but plenty of people remain in favor. Could the taxation of automation become part of our future? Arthur Sullivan reports.
Chinese machine tool companies have boosted their exports to Russia, while other competitors have to adhere to the sanctions in place over Moscow's perceived role in the Ukraine conflict. Germany is losing out.
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