{"id":666555,"date":"2026-05-12T18:45:14","date_gmt":"2026-05-12T18:45:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/666555\/"},"modified":"2026-05-12T18:45:14","modified_gmt":"2026-05-12T18:45:14","slug":"german-firms-in-china-more-upbeat-about-economy-despite-iran-war-trade-headwinds-survey","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/666555\/","title":{"rendered":"German firms in China more upbeat about economy despite Iran war, trade headwinds: survey"},"content":{"rendered":"<p>German companies in China have grown more optimistic about the country\u2019s economic outlook, even as the <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/news\/china\/diplomacy\/article\/3353040\/why-trumps-war-iran-may-be-accelerating-end-us-hegemony-and-undermining-stargate?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">Iran war<\/a> and persistent trade tensions continue to weigh on their operations, according to the German Chamber of Commerce in China.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">In a survey released on Tuesday, the chamber found that 37 per cent of respondents expected China\u2019s economy to improve over the next six months. That was up 22 percentage points from last year, with only 17 per cent anticipating a deterioration \u2013 a sharp reversal from the 56 per cent who held that view in 2025.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Oliver Oehms, executive director and board member of the German Chamber of Commerce in China in North China, said a base effect had partly driven the improvements. \u201cThe results last year were rather negative, having in mind that the 2025 survey was conducted just a couple of days after the trade tension escalation,\u201d he said.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The findings, based on a poll of 216 member companies conducted between April 15 and 21, also pointed to improved business sentiment across the board.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Respondents assessed industry conditions more positively, with 34 per cent of firms reporting improving trends in 2026, up from 19 per cent a year ago. Some 42 per cent expected turnover to rise by year-end, up from 29 per cent last year, while the share forecasting higher profits rose 11 percentage points to 29 per cent.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Investment plans also strengthened, with 61 per cent looking to expand their footprint in China over the next two years \u2013 the highest level since 2023.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The rosier outlook comes despite continued geopolitical headwinds. Three-quarters of respondents said the Iran war had affected their operations, mainly through higher logistics costs and supply prices. Meanwhile, 69 per cent reported being negatively affected by US-China trade tensions \u2013 despite Beijing and Washington\u2019s tariffs easing since last year.<\/p>\n","protected":false},"excerpt":{"rendered":"German companies in China have grown more optimistic about the country\u2019s economic outlook, even as the Iran war&hellip;\n","protected":false},"author":2,"featured_media":666556,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,3686,99,512,164,19210,321854,181898,206980,40731,7032,3601],"class_list":{"0":"post-666555","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-au","9":"tag-australia","10":"tag-beijing","11":"tag-business","12":"tag-china","13":"tag-economy","14":"tag-eu","15":"tag-german-chamber-of-commerce-in-china","16":"tag-german-companies","17":"tag-iran-war","18":"tag-trade-tensions","19":"tag-us-china","20":"tag-washington"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/666555","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=666555"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/666555\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/666556"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=666555"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=666555"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=666555"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}