German Firms Invest More In China As Trump Trade Policies Hit US Appeal

By Times Of India

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German firms increased their investment in China by a third to €5.6 billion in the first half of the year, even as investment in the United States plunged by nearly two-thirds to €4.2 billion. With China offering a crucial market, lower production costs and a favourable exchange rate, German companies are continuing to expand there. But growing competition and concerns over unfair Chinese subsidies are also pushing German industry to demand a tougher stance from Chancellor Merz ahead of upcoming EU-China talks. #Germany #China #Trump #US #Investment #TradeWar Times Of India (TOI) Is The Largest Selling English Daily In The World. Times Of India Videos Bring You Global News, Views And Sharp Analysis. We Track India's Global Rise, Her Increasing Engagement With The World, The Changing Geopolitical Landscape Amid Conflicts And Wars And The Emerging World Order. INTERNATIONAL NEWS | GLOBAL CONFLICTS | MIDDLE EAST WAR | CHANGING WORLD ORDER #TOILive | #TOIVideos Subscribe to the Ti

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