Abhinav Singh
@abhinavsingh
Abhinav Singh
@abhinavsingh
Once-stellar growth inside China has, for many foreign firms, slowed to a crawl as competition with local rivals intensifies. In addition, Germany’s previously small trade deficit with China has ballooned (see chart 2). Last year it reached €66bn ($76bn), or around 1.5% of GDP, driven by a collapse in German exports to China and a rush of imports, notably of cars, chemicals and machinery—hitherto German specialities.

From Noahpinion: In the event of potential Great Power conflict, some parts of the economy matter much more than others...

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