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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