Swiss machinery industry benefits big from trade with China

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(The Swiss Info)

The Swiss machinery, electrical engineering and metal industry says it hopes that growth with China will help it recover from pandemic losses. This comes amid more scrutiny over the human rights situation in China.

According to annual fig link released on Wednesday, the Swiss MEM industry saw sales drop by 9.8% and incoming orders by 6.5% in 2020. The situation started to improve in the second half of the year with new orders in the fourth quarter of 2020 returning to the previous year’s level.

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