German Companies' Sentiment in China Hits Historic Low Amid Competition and Economic Slowdown

Reported about 17 hours ago

A recent survey by the German Chamber of Commerce in China reveals that sentiment among German companies operating in China has fallen to its lowest point since records began in 2007, with over half reporting worsening conditions due to rising local competition and a slowing economy. Despite this, 92% of firms plan to maintain their operations in China, driven by a need to invest in local competitiveness. Concerns about the 'Buy China' trend are growing, prompting calls for the German government to reassess its approach to China.

Source: YAHOO

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