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Letzte Aktualisierung: November 5, 2021

German companies expect poorer business

The economic environment in China is becoming more uncomfortable, according to the Association of German Chambers of Industry and Commerce. Compared to the spring, German companies operating in the People's Republic are taking a more negative outlook on economic development in the coming twelve months. As a concrete consequence, they are shifting their investments to other parts of the world. The behavior of its hitherto most loyal foreign investors should give China food for thought.

Amelie Richter
Amelie Richter
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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