Published: June 8th, 2021,
Last updated: January 4th, 2023
The world is still fighting Covid-19. In Germany, companies receive Covid aid, but what does the pandemic mean for European companies in China? The latest survey by the EU Chamber of Commerce in Beijing shows something astonishing: no sign of a crisis. Even in the pandemic year 2020, companies in the People’s Republic earned more than expected. But the problems are increasing: difficult market access, unequal treatment, and political influence. Chamber of Commerce President Joerg Wuttke laments another serious problem in an interview with China.Table: „The number of expats is downright plummeting.“ Thus, many years of China experience are being lost and may not be regained, Wuttke warns. But a look into the future also reveals something surprising: More than two-thirds of the respondents continue to expect positive sales developments in their industry and therefore want to invest more in China, reports Christiane Kuehl.