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by danac
5585 days ago
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Europe in general (perhaps with the exception of the UK) is much less saturated with Made in China goods than the rest of the world, perhaps due to more stringent adherence to standards and quality, or perhaps as a result of its trade laws that still somewhat protect European-made goods. Germany has benefited greatly from the expansion of the European internal market, and has always had, and still does have, a very good name. Everything from cars to electronics, down to appliances and kitchenware, Made in Germany still speaks volume on the continent. Despite the somewhat higher prices of German goods (and they are actually kept quite low due to various work-sharing labour arrangements), weighing things on a quality-price scale, they still come out better value than a lot of alternatives. So it's really no surprise that the country is running such a huge trade surplus against the rest of the continent. |
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On the other hand China does export a lot to Europe, especially in Eastern Countries; since they are cheaper. I don't have any stats, but I see "made in China" stuff everywhere.