GERMANY’s trade deficit with China shrank for the first time since 2018-helping to more than double the country’s overall surplus, reports Bloomberg. The gap with the Asian nation narrowed to EUR58.4 billion (US$63 billion) last year, down from a high of EUR86 billion in 2022, data published by Germany’s statistics office showed. Even so, that’s still the second-strongest reading on record and was primarily due to a plunge of more than 19 per cent in Chinese imports as exports declined at about...
https://www.seanews.com.tr/german-chinese-trade-gap-narrows-first-time-since-2018/199638/