German industry lacks confidence in China – Study
The “Year of Innovation 2015” proclaimed by Germany and China is in danger of failing. 62 per cent of German business representatives still lack confidence to undertake future development work with Chinese partners. By way of comparison: Not even one in ten cite such a lack of confidence with respect to partners from the European Union. That was revealed by a study conducted by management consultancy firm Staufen and Chinaforum Bayern e.V. For the “China Poll”, 150 companies in Germany were interviewed.
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