Category: Germany

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German Companies Deepen Investment in China Amid Strategic Growth in 2024 and 2025

German companies are intensifying their investments in China, signaling strong confidence in the market’s long-term potential. Key sectors like automotive, chemicals, and fashion are leading this growth. Mercedes-Benz and Volkswagen are advancing electric vehicle (EV) innovations tailored for China, while BASF commits €10 billion to a new chemical production facility. Hugo Boss is expanding its retail footprint to capture China’s demand for premium products. With €7.3 billion in Foreign Direct Investment in the first half of 2024, Germany’s “In China, for China” strategy emphasizes localization and sustainability. Despite geopolitical challenges, German firms remain focused on fostering strategic growth and partnerships.

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China-Germany Business Relationship Update- First Half of 2024

From 14 to 16 April 2024, Federal Chancellor of Germany Olaf Scholz paid a visit to China with a sizeable delegation comprising heads of a dozen industrial giants. The visit coincided with the 52nd year of diplomatic relations between Germany and China and the 10th year of the all-round strategic partnership between Germany and China. This article covers significant events such as Federal Chancellor Olaf Scholz’s visit to China, the robust bilateral trade figures, highlighting China’s longstanding role as Germany’s largest trading partner in recent years. Additionally, the article explores German investment trends, opportunities, and challenges in China.

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Sino-German Business Updates – November 2020

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] Siemens Healthineers Unveils Range of Cutting-edge Tech at CIIE The third China International Import Expo (CIIE) was held from 5

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Sino-German Business Updates – October 2020

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] Xi Jinping’s message on opening-up meets with a warm response by the German Chamber President Xi Jinping delivered a speech at the gathering marking the

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