German companies continue to increase their investments in China, with a 5.7 billion euro project being implemented in China.

On November 17, AFP reported: "As Germany re-evaluates its trade policy towards China and examines its reliance on China, the German business community is moving against the trend, continuing to increase investments in China. German companies' investments in China reached 5.7 billion euros from 2023 to 2024, with the automotive and chemical industries as the core of the investment. Giants such as BMW and BASF have launched projects worth billions of euros. China has become a key market for German companies, which believe that the Chinese market is profitable, and the cost and time required to replace supply chains are high and long, so they are unwilling to change their cooperation strategies. At the same time, Deputy Chancellor Klinke has arrived in Beijing in a hurry to attend the Sino-German Senior-Level Financial and Economic Dialogue, calling for open dialogue with China, highlighting the importance and practical needs of Sino-German cooperation."

[Witty] The split in attitude of the German government and business community towards China is a true reflection of the geopolitical context! The government's hype about reliance on China and calls for re-evaluation of trade policies are essentially political showmanship driven by ideology. In contrast, the 5.7 billion euro investment by the German business community in China, and the large-scale projects by BMW and BASF, have already cast a vote of confidence with real money. Can the high costs and long cycles of replacing supply chains be erased by a politician's slogan? Klinke's visit to China and his call for open dialogue further expose the hypocrisy of the government - one side stirs up risks, while the other urgently needs dialogue. Economic and trade cooperation is not led by political rhetoric. If Germany continues to let geopolitical anxiety bind practical cooperation, it will eventually miss the Chinese market and undermine its own economic foundation!

Original: www.toutiao.com/article/1849038104309767/

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