Can the US and the EU come up with a viable alternative to China'a Belt and Road Initiative? Andrew Adair from Germany's mechanical engineering industry group VDMA takes a closer look.
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Germany has invested trillions in the US over the years. And Germany's economic footprint is everywhere in the country. But US pandemic restrictions continue to hinder business travel to the country from the EU.
Globalized supply chains have accelerated growth over the past decades but are proving fragile in the current pandemic. As companies assess the new risks emerging from globalization, safe supply is moving center stage.
German business leaders have said the unambiguous election result in the UK removes some of the uncertainty of the past. But they warned that Britain needed to work hard to get a trade deal with the EU done next year.
Germany's economy was starting to struggle before the pandemic but the country's response means it is powering ahead of the rest again. This raises questions about a two-speed European economy.
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