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Majority of German firms feel unfair competition in China, commerce chamber says

  • German firms face pressure from Chinese rivals affecting profits, according to a survey.
  • Only 7% of German firms feel they have good access to local authorities, much lower than Chinese firms.
  • Access to obtaining licences is perceived as better for Chinese firms than for German firms .
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21 Articles

Center

According to a survey, two-thirds of German companies operating in China feel unfairly treated there. The Foreign Trade Chamber therefore calls for a boycott of Chancellor Scholz's visit to the People's Republic.[more]

·Hamburg, Germany
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Lean Left

China prays to welcome foreign companies. But many companies from Germany complain about unfair competition. The hopes now rest on a visit by Federal Chancellor Olaf Scholz.

·Germany
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Lean Left

Founder Ina Remmers believes that anyone born in the GDR is more honest and less likely to seek their own advantage. She explains why companies benefit from this.

·Germany
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Lean Right

European Union leaders next week will call for the harmonization of bankruptcy and corporate tax laws that would be in force in the 27 member states. This would attract more capital for the transition to renewable energy and digitization. The EU estimates it needs €650 billion a year by 2030 to meet its targets, and without the proposed measures, it will be difficult to raise capital as investors consider the US market to be better organized, mo…

·Belgrade, Serbia
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Bias Distribution

  • 40% of the sources lean Left, 40% of the sources are Center
40% Center
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Reuters broke the news in United Kingdom on Tuesday, April 9, 2024.
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