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MNI INTERVIEW: Chinese Demand Boosting German H2 Optimism

MNI (BEIJING)
MNI (Beijing)

German firms' optimism in China's H2 has increased.

Beijing’s reliance on German-made equipment will lower trade friction with Berlin, a leading trade delegate has told MNI, noting China’s improved H2 economic outlook had driven increased optimism among member firms.

Maximilian Butek, chief representative of the Delegation of German Industry and Commerce in Shanghai (AHK), told MNI Chinese exporters had increased orders for German-made machinery and automotive manufacturing equipment.

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Beijing’s reliance on German-made equipment will lower trade friction with Berlin, a leading trade delegate has told MNI, noting China’s improved H2 economic outlook had driven increased optimism among member firms.

Maximilian Butek, chief representative of the Delegation of German Industry and Commerce in Shanghai (AHK), told MNI Chinese exporters had increased orders for German-made machinery and automotive manufacturing equipment.

Keep reading...Show less