China is the most important export country in the world. The People's Republic is also known as the world's leading exporter. China is the European Union's most important trading partner. While trade with the USA has decreased significantly in comparison, China's share has tripled. Nevertheless, China is in second place behind the USA in terms of exports. Economic relations with China are also fundamental for Germany. This is because China is the second most important trading partner for German exports. However, the human rights situation has deteriorated in recent years, which has affected China's trade relations with the world. The coronavirus pandemic has also left its mark: from foreign trade & export controls to growth & boom and geopolitical disputes – read the latest China export news from the Table.media editorial team!
Growth: China’s export surge raises alarm in Germany
Powered by strong exports, China has hit its growth target. But the model is increasingly coming at Europe’s – and Germany’s – expense. A course correction is not in sight.
By Jörn Petring