Economic tradeChina unsettles investors
The Chinese government wants to introduce the 'social credit rating system' for companies in 2020 in order to monitor and control market participants more closely. According to the VDMA, there is a lack of transparency for European companies. The result is uncertainty among investors.
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© Statistisches Bundesamt, VDMA
Growth in the export business with China has weakened recently, according to the VDMA. After a strong year in 2018 with exports exceeding the €19 billion mark (+10% compared to 2017), German mechanical engineering exports in the first half of 2019 ...
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