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Hit Trade War, the German Company Wants to pull out of China

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Berita Terkini
Hit Trade War, the German Company Wants to pull out of China

German Company - The economic slowdown in China and a trade war between the two largest economies of the world have discourage the business of the German company.

Based on a survey released by the chamber of Commerce of Germany in China, almost a quarter of the companies the state was desirous of a move away from the Land of Panda.

Alerts page Deutsche Welle (DW.com), many German companies operating in China reported about the business prospects bleak.

The annual survey conducted on the 526 members of the company in China showed that 23% of them have decided to pull the production capacity of the country or are considering it.

As for the one-third of the company has been planning to completely get away from China.

(Read: Trump Affirms There has been no Agreement Tariffs Trade with China)

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Berita Terkini
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