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Better off thanks to China : German companies double down on resurgent giant

8 Min Read BERLIN (Reuters) - German industrial robot-maker Hahn Automation plans to invest millions of euros in new factories in China over the next three years, keen to capitalise on an economy that’s rebounding more rapidly than others from the COVID-19 crisis. An employee works on a production line at HAHN Automation company in Rheinboellen, Germany November 11, 2020. REUTERS/Ralph Orlowski “If we want to grow with the Chinese market, we have to manufacture on the ground,” Chief Executive Frank Konrad said of the investment drive, intended to skirt Chinese export hurdles in what Beijing views as a strategic sector.

United statesRepublic ofBruxelles capitaleAngela merkelFrank konradPeter haasPeter altmaierMichael nienaberFriedolin strackOlaf kiesewetterMax zengleinRene wagnerAndreas rinkeStefan mairThomson reuters trust principlesInternational monetary fund

Switzerland December trade balance CHF 2 88 billion vs CHF 4 46 billion prior

Switzerland December trade balance CHF 2 88 billion vs CHF 4 46 billion prior
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Switzerland December CPI -0 8% vs -0 7% y/y expected

Latest data released by the Federal Statistics Office - 5 January 2021 By Justin Low

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UPDATE 1-German exports edge up in December on robust China trade

German exports rose in December as solid trade with China and the United States helped Europe's largest economy as it struggles to grow under the restrictions of a lockdown aimed at suppressing the COVID-19 case load.

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German exports eke out December rise on brisk China trade

German exports rose in December as solid trade with China and the United States helped Europe's largest economy as it struggles to grow under the restrictions of a lockdown aimed at suppressing the COVID-19 case load.

United statesKirsti knollePaul carrelThomson reuters trust principlesStatistics officeFederal statistics officeThomson reuters trustTrade figuresAsia pacificChina prcDebt fixed income marketsEconomic indicatorsEconomic news 3rd partyEuropean unionEuro zone asa wholeEuro zone