Yuans decline costs Germany $49B
A German study has found that a decline in the value of the Chinese yuan harms German economic growth. An increase of 40% in the yuan's value could boost Germany's GDP by more than $49 billion by 2028. The institute explained that intentionally lowering the yuan's value has led to a decline in German exports to China and a rise in Chinese imports to Germany, resulting in Germany's trade deficit with China reaching around $103.3 billion in 2025. The study was published amid European calls for imposing tariffs to promote fair competition.
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