According to a poll conducted by the network of German Chambers of Commerce Abroad (AHK), India continues to be the primary source of German investments in the Asia-Pacific area. As per the sources…
51% of German companies based in India want to raise their investments in the upcoming year, according to the AHK World Business Outlook, which polled almost 820 member companies in the Asia-Pacific and Greater China region.
Robert Habeck, the minister of economy, inaugurated the biennial Asia-Pacific Conference of German Business in India on Wednesday.
According to the survey, 28% of Chinese enterprises have reduced their investment intentions for the upcoming year, indicating a sharp decline in investment intentions in Greater China, which encompasses China, Taiwan, and Hong Kong.
As corporations continue to diversify from China into other Asia-Pacific regions, their investment intentions have drastically declined, notwithstanding a minor recovery in the business condition in China, according to AHK.
Nearly one in five enterprises rated their present business environment as unsatisfactory, marking a historic low for German companies operating in the Asia-Pacific area (excluding Greater China), according to the poll conducted in the fall of 2024.
Volker Treier, head of foreign trade at the German Chamber of Industry and Commerce DIHK, said,"Despite the gloomy current situation in many locations, our companies in Asia-Pacific are not discouraged and are optimistic about the future."