Stung by Trump’s policies, German multinationals cautiously pivot towards China

Feb 6, 2026 | INVESTING

German companies are turning towards investments in China as they lose confidence in the United States over President Donald Trump’s policies, but they still see obstacles in the world’s second-largest economy, according to an executive at a German chamber of commerce.
That landscape would form the backdrop of German Chancellor Friedrich Merz’s planned visit to China later this month, said Oliver Oehms, executive director and board member of the German Chamber of Commerce in North China.
Merz…

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