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Tag: germany economy

German law to clean up supply chains triggers fears of industrial regression

Posted on May 1, 2024 By admin
German law to clean up supply chains triggers fears of industrial regression

Many German small and medium enterprises (SMEs) said they have been struggling to meet the cost and bureaucratic burden of the Supply Chain Act that took effect in January 2023, adding that this harmed their global competitiveness. German engineering company BAUCH makes machines and engine components out of materials mined in China, Africa or South…

Read More “German law to clean up supply chains triggers fears of industrial regression” »

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