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China's banking crisis and the German engineering sector

03:51

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July 2, 2013

China's banking system is in crisis. Extremely high interest rates and rumors that the country's largest bank, the Bank of China, may be insolvent are causing the stock markets to go haywire. German mechanical engineering companies are keeping a close eye on events. China is one of their most important markets. Made in Germany visited the Trumpf Company and a bank headquarters in Stuttgart.

Report by Anja Kimmig.

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