German exporters face rising pressure from China in home market

Chinese exports to the region contain more and more sophisticated industrial goods -- such as machinery, pharmaceutical and automotive products -- which have long been considered the domain of German manufacturers. - Bloomberg

BERLIN (Bloomberg): German exporters are facing increasing pressure in their home market from Chinese exports to the EU, according to a study by the Cologne Institute for Economic Research.

Chinese exports to the region contain more and more sophisticated industrial goods -- such as machinery, pharmaceutical and automotive products -- which have long been considered the domain of German manufacturers.