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German firms' China market sentiment falls to record low, survey shows

Summary by VOA News
Beijing — Business sentiment among German companies in China is at an all-time low, a German business lobby group said on Wednesday, as they face rising Chinese competition and a slowing economy. Over half of German companies said conditions in their industry had worsened this year, the German Chamber of Commerce in China said citing a survey, while only 32% forecast an improvement in 2025 - the lowest since records began in 2007. "This year has…

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Nikkei broke the news in Japan on Wednesday, December 4, 2024.
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