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Germany's trade struggles with China set to put Asia-Pacific deficit on course for record high

Reported · Written up by our desk · Major Pairs

For quite some time now, Germany's export struggles are hardly anything new. A lot of that comes down to push to diversify away from China in recent times but Beijing's own ambitions to become more self-sufficient haven't exactly helped matters either. That has slowly exerted a toll on Europe's largest economy, especially when you consider how much Germany's industrial sector has relied on Chinese demand over the years.

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