
The flood of cheap Chinese products in Europe and the simultaneous collapse of German companies' business in China are presenting companies with a fundamental economic turning point, as the Handelsblatt article shows.
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The flood of cheap Chinese products in Europe poses a challenge, while at the same time German companies' Chinese business is collapsing.
The flood of cheap Chinese products in Europe is one thing. But now the Chinese business of German companies is also collapsing. Time for an economic turnaround?
The flood of cheap Chinese products in Europe is one thing. But now the Chinese business of German companies is also collapsing. Time for an economic turnaround?
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China has criticized Germany and France for calling for new European safeguards against unfair trade practices. Chancellor Friedrich Merz and French President Emmanuel Macron had jointly spoken out in favor of new protective instruments, with China suspected to be the background. The EU accuses China of state subsidies and overcapacity that make it difficult for European companies to compete.

The China shock has a double impact on the German economy: cheap imports are flooding markets and the Chinese market is becoming unattractive for European companies. The German car industry in particular is suffering, while VW, BMW, Mercedes, Audi and Porsche together recorded a 27 percent decline in sales in China.

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