Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

My Favorite China's Brands
dpa

HOME > dpa

Trade helps boost German economic recovery with fourth monthly gain

October 14, 2020


Abstract : German trade grew at a faster-than-forecast pace in August, posting its fourth monthly gain and providing a major boost to Europe's biggest economy as it attempts to emerge from the coronavirus crisis.

German trade grew at a faster-than-forecast pace in August, posting its fourth monthly gain and providing a major boost to Europe's biggest economy as it attempts to emerge from the coronavirus crisis.

While monthly exports rose by 2.4 percent in August, imports steamed ahead by 5.8 percent, the Federal Statisical Office (Destatis) noted on Thursday.

Analysts had forecast an August rise of 1.5 percent for both exports and imports.

The nation's trade balance stood at 12.8 billion euros (15.07 billion dollars) in August, Destatis said.

Notice: No person, organization and/or company shall disseminate or broadcast the above article on Xinhua Silk Road website without prior permission by Xinhua Silk Road.

Scan the QR code and push it to your mobile phone

Keyword: German

Reading:

China Focus: Global automakers call for open, intensive cooperation on NEVs

Volkswagen to invest 15 bln euros in e-mobility with Chinese partners

China Focus: Decade on, Sino-German NEV cooperation bears fruits, shares broad prospects

Global NEV market share hits record high: report

2020 World New Energy Vehicle Congress starts in Hainan

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial