Financial Times (October 18)
2015/ 10/ 19 by jd in Global News
“The scandal engulfing” Volkswagen “is by no means the biggest German economic challenge. Demand from China is slowing sharply, a blow to one of the biggest suppliers of machine tools to that country’s vast manufacturing sector.” The broader challenge, however, remains Germany’s overdependence on a “narrow export-oriented model,” which leaves the country “vulnerable to longer-term underperformance.”
Tags: Challenge, China, Demand, Exports, Germany, Machine tools, Manufacturing, Overdependence, Scandal, Volkswagen
