Deutsche Bank also sponsors the New Germany Fund ( GF ) , a closed-end fund that focuses on small and mid-cap companies in a range of industries. While China wrestles with possible bubbles, Japan tackles deflation and the United States frets about its government spending, Germany has spent much of the last few years away from the headlines. According to just-released data from Germany's Federal Statistics Bureau, German exports are currently rising at a +25% to +30% clip compared to a year ago.