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2024

German companies concerned by falling prices in China: report

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Beijing (AFP) June 17, 2024
Falling prices and weak demand are the main difficulties facing German companies in China, according to a report Monday by a business body that said European tariffs on Chinese electric vehicles are counterproductive. China is one of Germany's top trading partners, accounting for a significant portion of their sales in recent years. But 61 percent of 186 German companies surveyed by the