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German companies expect poorer business

Power and resource shortages, unclear economic policy guidelines, and travel restrictions have massively impacted the economic expectations of German companies in China. Only 37 percent of the German companies surveyed in the People’s Republic now expect an improvement – compared to 69 percent back in spring 2021. This is the result of a survey by the Association of German Chambers of Industry and Commerce (DIHK) and the Chamber of Foreign Trade (AHK), which was presented on Thursday.

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