The Economics Minister's advisory board is slowing down on China protection
Everyone is calling for more protection from China, but the CDU Federal Economics Minister's Advisory Council says Beijing is not the main reason for the industry's weakness.
Quick Look
- Many German companies are suffering from low-cost competition from China and the EU wants to react.
- But the advisory board of the CDU Federal Minister for Economic Affairs is slowing down and does not see Beijing as the main reason for the industrial weakness.
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Why It Matters
Many companies are suffering from low-cost competition from China while the EU is discussing how to respond.
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Advisory Board of the Minister of Economic Affairs Everyone is calling for more protection from China, only Katherina Reiche's advisors are slowing down
Many companies are suffering from low-cost competition from China, and the EU wants to respond. But the advisory board of the CDU Federal Minister for Economic Affairs says that Beijing is not the main reason for the industry's weakness.
By Benedikt Müller-Arnold
Open Questions
- What specific arguments does the advisory board put forward?
- How does the Ministry of Economic Affairs react to the assessment?
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This article was originally published by Spiegel Wirtschaft.
