Commentary: China Demei Germany increasingly important but not the Savior

Germany the economic weekly "(website: www.wiwo.de) October 11, according to estimation of" handelszeitung "Germany, Germany top 100 products to market two-thirds sold abroad, and this trend is also high. The major industrial countries, only Germany have such a large external dependence, Germany machinery equipment industry, steel industry, automotive and chemical industry.

Regional distribution from turnover, Germany the majority of enterprise revenue continues from Europe and the United States, but the stagnation in German exports to the United States, especially in the last year by the economic crisis hit sharply, while exports to China have increased significantly. Deutsche Bank's forecast, in 2007 (the most prosperous year) to 2009 (second crisis years), the Germany e, iron and steel enterprise export 10% amyotrophy, exports to the United States nearly 18% drop. On the contrary, but German exports to China increased year after year. Germany over the past ten years, almost all sectors exports to China are growing by more than 10%, which increases the maximum is the automotive industry, Daimler's share in the three years from 1.9% 9.3%. These data show that China's economic development significance for Germany is increasing, but also instructions de depend and European markets. The first three quarters of this year, nearly 20% of Siemens products sold in the United States, China and sales 2.5 times; Daimler company turnover of 60% from Western Europe and the United States. Germany DZ Bank analysts pointed out that Germany top 100 turnover of 6% from, India, 17.6% from North America, to obtain from the European 58.9%.

Infer from this, Germany's economy is highly subject to foreign markets, particularly in the industrialized countries. If the United States and other European countries once again in crisis, the Government had to reduce the debt and reduce expenditure and raise revenue, fast-developing countries unable to remedy the deficiencies. Raw materials for investors Rogers (JimRogers) before accepting the "sign in" interview warned that Asia is save Western industrialized countries also save their enterprise, "China's economic output and 10% in Europe and America, India's economy is only one-third of China, in contrast only iceberg. ”

(The first sub station: doing business in Germany Canchu sub station)