German companies concerned by falling prices in China: report
Beijing (AFP) June 17, 2024
Falling prices and weak demand are the main difficulties facing German companies in China, according to a report Monday by a business body that said European tariffs on Chinese electric vehicles are counterproductive. China is one of Germany's top trading partners, accounting for a significant portion of their sales in recent years. But 61 percent of 186 German companies surveyed by the
Falling prices and weak demand are the main difficulties facing German companies in China, according to a report Monday by a business body that said European tariffs on Chinese electric vehicles are counterproductive. China is one of Germany's top trading partners, accounting for a significant portion of their sales in recent years. But 61 percent of 186 German companies surveyed by the
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