Germany: a country at the crossroads
Goldman Sachs Exchanges
00:00
The German Economy Is Reducing Dependency on China
Germany's manufacturing economy is highly dependent on China. The government has come out and said companies need to reduce dependency on China. There are signs of diversification in Asia itself, where companies go to Vietnam or build up the presence elsewhere. But there's an ample discussion about what needs to be assured back to Europe rather than in China.
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