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Letzte Aktualisierung: September 29, 2021

German companies support "more robust" measures against China

By Jürgen Matthes
Ökonom Jürgen Matthes vom IW Köln über Konkurrenzdruck aus China
Economist Jürgen Matthes from IW Cologne

In the trade dispute between the US and the EU, China regularly emphasises the openness of its own market. In practice, however, companies perceive the situation differently: they encounter barriers to entry and compete with highly subsidised rivals. Concerns about this are growing - especially since Chinese industry has now caught up in terms of product range and technical expertise.

Europe's companies are facing increasing competitive pressure from China. Just a glance at the development of export market shares since the turn of the millennium illustrates China's enormous export success: it has immensely increased its share of world exports of goods and services from around three percent in 2000 to almost eleven percent in 2019, especially in the first decade. In parallel, the world export shares of other major industrialized countries already declined significantly in the 2000s.
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