China is creating significant competition against German exporters in European markets. Recent reports indicate that Chinese manufacturers have been increasing their market share over the past 12 years.

According to the report from the German Development Bank (KfW), Germany's export share in EU markets is decreasing while China's share is increasing. This situation highlights the growing economic competition between the two countries.

Particularly in the automotive, machinery, and chemical sectors, competition between the two countries is intensifying. Germany's share in these products is declining while China's share is rising.

KfW's Chief Economist Dirk Schumacher emphasized that China is increasingly focusing on European markets and that Germany needs to create favorable conditions to withstand this competition.