søndag 18. august 2024

Poland overtakes China as sales market for German products

German exporters sold more goods to Poland than to China in the first half of the year, an analysis showed on Friday, marking the success of a diversification drive by major German companies as they look to reduce their dependence on the Chinese market. Major German exporting companies in sectors such as industrial goods and autos have long been pillars of the country's economy and account for its strong trade surplus, but recent tensions between China and the West have driven a change of focus in export strategies.