德国商会：关税可能影响经济前景，但德企对华投资计划依然强劲

Core Insights - The trade war initiated by the U.S. has impacted German companies operating in China, yet their investment plans remain strong and largely unaffected [1][3] - A significant majority of German firms in China (86%) reported being affected by the U.S.-China trade conflict, with the automotive sector facing the most severe impact (93%) [1][3] - Despite the challenges, 50% of German companies plan to increase their investments in China, and over one-third intend to accelerate their localization efforts [1][3] Industry Impact - The trade conflict has led to a pessimistic outlook among German firms, with 56% expecting a decline in economic conditions over the next six months, a 40 percentage point increase from the previous year [1][3] - The strategy of "In China, for China" has been adopted by many foreign companies, focusing on serving Chinese consumers rather than international ones [3] Government Relations - Approximately two-thirds of German companies in China are urging the German government to engage more actively and wisely with China to support their operations [3] - Concerns exist among German firms regarding potential pressure from the U.S. on Germany to align with American interests in the trade conflict [3] Investment Actions - German companies are taking proactive steps to invest in China despite the trade tensions, exemplified by BASF's announcement of a 500 million RMB investment for the expansion of its Cellasto factory in Shanghai [4] - The Chinese government is actively engaging with foreign enterprises to address the impacts of U.S. tariffs and is committed to maintaining a stable investment environment [5]