Tag #Sino-German Trade

What are the underlying causes of the decreased demand for German goods in China, and how do these factors contribute to the overall trade decline?

The decline in German-Chinese trade reflects several factors: China's domestic production of high-quality goods traditionally sourced from Germany (e.g., cars and machinery), production relocation by German companies to China (e.g., BASF), and China's economic slowdown. This shift reduces Germany's export volume and overall trade surplus.