Today: China imports at record high | High stock quota among asset managers
China exported even more to the EU in recent months. Is a trade war looming? And: The equity ratio of asset managers reaches a dangerous level.
China's economy is struggling in its domestic market but exporting more to Europe. According to Eurostat, imports from China to the EU reached a record high from January to July, with significant increases in chemicals, machinery, and especially the automotive sector. The data was exclusively evaluated by Bert Fröndhoff, Team Leader Industry at Handelsblatt. The findings indicate growing pressure on the European industry and potentially a new trade conflict between the EU and China.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
