Tuesday, 25 August 2015

Germany's Gabriel says the German economy has no fear for Chinese turmoil

German econ minister speaks to the press

  • Not worried about impact of Chinese developments on Germany
  • Good economic developments will continue in Germany
  • China will not damage German economic outlook
  • Economic development is helped by good European trends and lower oil prices
  • Europe has become more attractive for investors, as seen by the the euro exchange rate
As I said in the IFO post, let's see what the data says about China in the next month or so

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