Optimism among German companies in Asia-Pacific grows - except China

(12 Juli 2024) The mood among German companies in the Asia-Pacific region has improved noticeably. Companies are particularly optimistic about economic development and their business prospects. However, Greater China is an exception. Optimism there remains subdued.

This is the result of the latest special analysis of the AHK World Business Outlook (WBO), for which the German Chambers of Commerce Abroad (AHK) surveyed around 660 German member companies in the Asia-Pacific region in cooperation with the German Chamber of Industry and Commerce (DIHK).

"Growth of up to five per cent in the Asia-Pacific region is a realistic score ", emphasises Volker Treier, DIHK Head of Foreign Trade. "This positive development strengthens our local companies and boosts the German economy. The region remains one of the most important destinations for business diversification." The latest figures from the WBO underline this positive mood.

German companies' investment intentions have increased or remained the same in many locations in the Asia-Pacific region. Only in Hong Kong, Singapore and New Zealand is a certain reluctance to invest in the future noticeable.

Read more: here
Business Outlook: here