German Of The Day: Einbrechen

That means to collapse.

You know. Like how Germany’s export numbers to China have collapsed?

Big drop in German exports to China raises fears over EU’s economic powerhouse – Decrease in demand from Asia’s largest economy sparks concern over how Berlin can fix industrial malaise.

A double-digit drop in German exports to China has rattled Europe’s biggest economy, triggering debate over why its vast manufacturing sector has fallen behind rivals benefiting from a rebound in Chinese demand.

The 11.3 per cent drop in German exports to China in the first four months of the year, compared with the same period a year ago, highlights a unique set of challenges for Europe’s industrial powerhouse, economists say. Carmakers are losing market share in China, chemical producers and other energy-intensive companies are reeling from high power prices, and the euro’s appreciation against the dollar has made German goods less competitive.

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