Germany losing export shares to China in EU market, says German development bank

If the US withdraws permanently and strongly from development aid, Germany could become the world's largest donor. Expectations are high, but Germany is also shortening its contributions to other countries.

The Swabian company Stihl is the world market leader in chainsaws - and produces in Germany as well as in the USA. This helps her in the customs dispute. Nevertheless, the company is dismantling jobs. By Florian Siegel.

Germany losing export shares to China in EU market, says German development bank

In 2024, goods exported from Germany to other EU countries amounted to around 54% of its total exports, while China exports were at 11%, according to KfW Development Bank report - Anadolu Ajansı

China is increasingly making the German export industry fiercely competitive on the home market of Europe. US customs policy could exacerbate this.

A trend that had lasted for several years has been reversed, causing a dramatic backlash on Western brands. To which are added the partnerships now for the benefit of the Chinese giants

China's Chery is in talks to take over two plants of the struggling German giant Volkswagen, which could give them an opportunity to expand in Europe and avoid the tariffs imposed by the EU on Chinese electric cars.