China overtook the US to become Germany\u2019s top single-country source of foreign direct investment (FDI) last year, a German government report said.<\/p>\n
There were 228 greenfield and expansion projects from Chinese companies recorded in Germany last year, compared with 206 from the United States, Germany Trade and Invest (GTAI), the government\u2019s economic development and foreign trade agency, said in its annual report, which was published on Thursday. The country\u2019s top five foreign investment sources were rounded out by Switzerland, the United Kingdom and the Netherlands.<\/p>\n
Germany registered a total of 1,564 FDI projects last year, down 9.3 per cent year on year. The European Union bloc accounted for 33 per cent of the FDI registered in Germany, ahead of both China and the US.<\/p>\n
\u201cInternational uncertainties such as tariffs and trade conflicts mean that companies are more cautious at present about investment decisions,\u201d GTAI managing director Achim Hartig said, while adding that the decline seen in Germany was moderate by European standards and that the country remained a \u201crobust business location.\u201d<\/p>\n
German Chancellor Friedrich Merz urged Chinese companies to invest more in Germany during a visit to Beijing in February.<\/p>\n
Merz said his government had spent months improving Germany\u2019s investment climate, was seeing early results, and wanted Chinese businesses to invest in the automotive, machinery, chemicals, energy and electromobility sectors.<\/p>\n","protected":false},"excerpt":{"rendered":"China overtook the US to become Germany\u2019s top single-country source of foreign direct investment (FDI) last year, a…\n","protected":false},"author":2,"featured_media":686209,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[251403,72821,8580,45,49,48,95,46,6816,55908,10817,10816,251404,77039,22265,834,4992,127,772],"class_list":["post-686208","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-achim-hartig","tag-american-chamber-of-commerce","tag-beijing","tag-business","tag-ca","tag-canada","tag-china","tag-economy","tag-european-union","tag-fdi","tag-friedrich-merz","tag-germany","tag-germany-trade-and-invest","tag-li-qiang","tag-netherlands","tag-switzerland","tag-tariffs","tag-united-kingdom","tag-united-states"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/686208","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=686208"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/686208\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/686209"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=686208"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=686208"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=686208"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}