South China Morning Post
AsiaPac · 3 hrs ago
✦ 78◉ Centre
German firms in China more upbeat about economy despite Iran war, trade headwinds: survey
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Accuracy 78/100
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◉ Centre ✓ Fair headline
German companies operating in China have become significantly more optimistic about the Chinese economy despite geopolitical tensions and trade challenges, according to a survey by the German Chamber of Commerce in China showing 37% expect improvement.
German firms in China more upbeat about economy despite Iran war, trade headwinds: survey
German companies in China have grown more optimistic about the country’s economic outlook, even as the Iran war and persistent trade tensions continue to weigh on their operations, according to the German Chamber of Commerce in China.
In a survey released on Tuesday, the chamber found that 37 per cent of respondents expected China’s economy to improve over the next six months. That was up 22 percentage points from last year, with only 17 per cent anticipating a deterioration – a sharp reversal..
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