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Less money is flowing into China – but German corporations are investing more than ever

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By Jörn Petring

Published: February 21st, 2024,
Last updated: May 28th, 2025

BASF-Standort in Zhanjiang in der Provinz Guangzhou
De-risking? BASF’s billion-euro project in Zhanjiang in Guangzhou province.
While direct investments in China dropped to their lowest level in three decades last year, the German economy stands out with a new record high. This raises questions about de-risking.
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Direct investments by German corporations in China reached a new high last year, contrary to the general trend. According to the Bundesbank, German investments rose by 4.3 percent to 11.9 billion euros.

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