Trade Policy: German Car Industry Tests Tougher Course Against China
3 Articles
3 Articles
The German car industry is under existential pressure – the price struggle with Chinese manufacturers on the one hand and the high cost burden on the other ... The post Suddenly the German car manufacturers turn against China – but their problems will not be solved by this appeared first on Apollo News.
For years, the automobile association has been barring itself against a tough move against China. Now this could change – and contribute to the dissolution of the blockade in the Federal Government.
The German automotive industry could change its hitherto cautious approach to trade policy in light of growing competition from China. The German Association of the Automotive Industry (VDA) is currently examining whether an adjustment to its positions is necessary, a spokesperson told the Handelsblatt newspaper. It is also "up to China to approach Europe with constructive proposals and to consistently and swiftly stop anti-competitive behavior.…
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