2 ms·
Germany exports mostly industrial goods, such as machines (for manufacturing). As such, China is a far more important market than the US. The overlap of things
by IfOnlyYouKnew 7y ago
Germany exports mostly industrial goods, such as machines (for manufacturing). As such, China is a far more important market than the US. The overlap of things both China and Germany manufacture is relatively small.
Or, in economists' terms: Germany's and China's goods are complementary more than competitive.