How China is upping pressure on German businesses

Chinese competition is moving closer to home. German companies face pressure from Chinese rivals across Europe. State subsidies, technology and low prices are driving the challenge.

GlobalizationChina

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GlobalizationChinahttps://p.dw.com/p/5MLzm

China remains a key market for German industry, but competition from Chinese companies is intensifying.

Supported by advanced technology, competitive pricing and state subsidies, Chinese firms are expanding across Europe, increasing pressure on German businesses. A DIHK survey highlights growing concerns over competition, supply chain dependencies and critical raw materials such as rare earths.

As global trade tensions persist, companies are increasingly relying on innovation and new technologies to stay competitive.

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