Russia Sanctions Hit German Machine Makers Hard 🇩🇪
The industrial hub of Chemnitz, once closely linked to Russia, faces canceled orders and revenue loss due to sanctions and the Ukraine conflict. China is now stepping in to fill the gap.
About this video
The industrial region of Chemnitz had close ties with Russia. The war in Ukraine ended that. Orders were cancelled and revenue was lost. Now, China is taking Russian business, leaving German firms to find new markets.
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304
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Duration
5:08
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Published
Feb 21, 2023
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