Lindner calls to “rethink” after German commerce deficit with China greater than doubled in 2022


That’s one thing value noting as Lindner is saying this by way of his Twitter account, saying that Germany ought to “study from experiences with Russia” and “as a substitute of changing into too dependent, we urgently must rethink” the state of affairs as China stays Germany’s essential buying and selling accomplice for a seventh 12 months operating.

For some context, Germany had a commerce deficit with China of round €84 billion final 12 months. The 2 international locations traded items value round €298 billion – up by round 21% from 2021. Of word, Germany imported items value €191 billion from China final 12 months – roughly a 3rd greater than the 12 months earlier than. In the meantime, exports of German items to China was seen round €107 billion – only a 3% enhance to the earlier 12 months.



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