BMW is to raise its stake in its Chinese joint venture to 75 per cent in 2022. Photo: Xinhua

German firms ‘will invest more in China’ despite trade war and scepticism over its opening up

  • Survey of German firms in China suggests 97 per cent will maintain or raise their investments there
  • But only 40 per cent of surveyed German companies view China’s present economic development as positive
Topic |   China economy

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BMW is to raise its stake in its Chinese joint venture to 75 per cent in 2022. Photo: Xinhua
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Orange Wang

Orange Wang

Orange Wang covers the Chinese macroeconomy, and has many years of experience with China's monetary and fiscal policy moves. He also covered global market and financial news for a long time, with a particular focus on new technologies and their influences on economic growth and society. Before joining the South China Morning Post, Orange worked as a Shanghai Correspondent for ET Net, a Hong Kong financial news agency.