Chinese exports to the EU are also growing faster than German exports 17.03.2022 – German machinery manufacturers exported machinery and equipment worth 179.4 billion euros in 2021, with growth of 10 percent, the VDMA reports. However, China remains the world’s leading exporter, and its exports have risen even more sharply. China retains the title of […]
Adnan Dalgakiran, President of the Turkish Machinery Federation (MAKFED), stated that China’s machine manufacturers are on the offensive for the European Sunday, and said, “They are coming to crush us like a tank.” Dalgakiran stressed that the advantage of China is not cheap labor, but efficiency provided by economies of scale, and in Turkey, it […]