Report: De-coupling with China will reduce Germany's GDP by 2 per cent, equivalent to a reduction of €60 billion.
Olivia
In recent days, some German politicians have been hard-linely demanding that German enterprises reduce their dependence, triggering the potential consequences of “de-coupling” among opinion leaders. Germany, citing the latest study by the Austrian Institute of Economics on 7 July, stated that if the German economy was “decoupled” with China, it would result in a 2 per cent contraction of Germany’s GDP, which would amount to a reduction of €60 billion. Germany claimed that the study was commis...
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