The leading edge

Article Abstract:

Bavaria's economy remains diverse but its increasing concentration in electronics and telecommunications technologies have helped it lead Germany out of the 1993 recession. After contracting 1.3% then, the state's GDP rose 2.9% in 1994, second only to the small Rhine Palatinate. Bavaria's overall share of Germany's economy rose from 16% in 1970 to 19% in 1994, thanks chiefly to long-term structural changes in the Bavarian economy. It has 40% of Germany's aerospace industry and is a regional finance center.

Economic development, Bavaria, Germany

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A shift of emphasis

Article Abstract:

Germany's two-way trade with East Asia grew 10.1% in the past year, with exports up 17.2% and imports, thanks chiefly to the stronger yen, only 5.2% higher. Japan is still easily the top regional trade partner, followed by China and S Korea. Exports to the region, consisting largely of machinery, chemicals, and electrical equipment, rose 10% or more in 20 of the 24 countries. Annual direct investment is harder to track but increased from 357 million marks in 1989 to 636 million marks in 1993.

Exports, International relations, East Asia, German foreign relations

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