EconomyImport pressure eclipses export benefits in Germany’s China rethink
Germany long resisted tougher action against China for fear of retaliation, but pressure on key industries has shifted Berlin’s position. Germany and France are seeking stronger EU trade-defense powers to protect industry as Chinese competition grows, especially in autos, precision engineering and chemicals. Beijing warned Europe would face consequences if it adopted the proposed measure.
Import pressure eclipses export benefits in Germany’s China rethink
Economy