ECONOMY

German Firms in China Grow More Optimistic Despite Geopolitical Tensions

Published: May. 15, 2026 5:44 p.m. GMT+8

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Oliver Oehms

German companies operating in China are growing more optimistic about the country’s economic outlook despite mounting geopolitical and trade tensions.

A flash survey released Tuesday by the German Chamber of Commerce in China showed 37% of more than 200 respondents expect China’s economy to improve over the next six months, up 22 percentage points from a similar poll a year earlier.

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37% of >200 German firms in China expect economic improvement in next 6 months, up 22pp YoY; 42% higher turnover, 29% profit growth.
61% plan increased investments over next 2 years.
Despite US-China tensions (25% significant negative impact) and Iran war costs, outlook improved.

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