Germanys exports face downturn: Automotive industry crisis drags down foreign trade, economic outlook raises concerns
Germanys foreign trade data for September shows a month-on-month export decline of 4.7%, mainly affected by the crisis in the automotive manufacturing sector. The U.S., China, and the U.K. are Germanys main trading partners, but their performance varies. The government and businesses are taking measures to address the challenges, and economists recommend accelerating economic structural transformation.
PSB Record: Shanghai No.31011502009912
