Today news
About the same in other media
German Production Flags, Hit by Ukraine War and China Lockdowns
Reading now: 896
wsj.comFRANKFURT—Output in Germany’s large manufacturing sector slumped in March, underscoring how the war in Ukraine and lockdowns in China are smothering Europe’s postpandemic recovery.
The slowdown in Europe’s manufacturing powerhouse bodes ill for swaths of the continent that are bound tightly to German supply chains. It also underscores Germany’s close links with China, the nation’s largest trading partner and a crucial market for German autos and high-tech machinery. The relationship, fostered over decades by German executives and politicians, risks becoming a liability as China’s economy slows and Beijing pursues a zero-tolerance approach to Covid-19.
Read more on wsj.comAbout this in other media
Ukraine war live: US Congress approves $40 billion aid package for Ukraine euronews.com /2 years ago
Ukraine war forces UniCredit and Commerzbank to shelve merger talks fnlondon.com /2 years ago
Ukraine war forces UniCredit and Commerzbank to shelve merger talks fnlondon.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
![Bitcoin [BTC] to $0 or $1,000,000? That is the question for the king coin](https://finance-news.co/storage/thumbs_400/img/2022/5/9/24759_w4wtl.jpg)
