German Employers' Spokesman Defends Decision to Move Production

Summary


The head of the Germany's BDA employers' federation Dieter Hundt yesterday rejected criticism being levelled at German companies for moving their production abroad to lower-cost countries.

'German investment abroad should be welcomed in principle,' Mr Hundt told the Cologne Express newspaper.

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Extract


German Employers' Spokesman Defends Decision to Move Production

'The companies are thus positioning themselves in the world market and strengthening their international competitiv...

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