Germanys direct investment in China has dropped to a six -year low

(Berlin Comprehensive News) A German study showed that Germany fell sharply in the third quarter of China in the third quarter of China, fell to the lowest level in six years, with a negative 2.2 billion euros (S $ 3.2 billion).

Comprehensive Germany Business Daily and Fa Guangwang reported that the research newspaper commissioned the study by the German Institute of Economics of Germany to draw the above conclusions.The study also shows that Germany's equity investment in China has dropped significantly to 3.9 billion euros.

In addition, the funds flowing from other countries have also decreased, which is consistent with the data released by the China Foreign Exchange Administration in November.According to data from the China Foreign Exchange Administration, the total amount of overseas direct investment (FDI), which reflects the investment in China, recorded a negative $ 11.8 billion (S $ 15.6 billion) in the third quarter, which is the record since 1998 recorded in 1998.The first negative value shows that the direct investment flowing out of China is more than flowing in.

It is reported that observers believe that the reasons for the decline in China include that China's investment environment has deteriorated in recent years, China's economic growth and consumption slowdown, and many Western countries have adopted risk strategy to reduce dependence on China.

Reports also said that German companies have invested money in China and then invested in its investment in China, although they declined, but still reached 1.7 billion euros last quarter.Some major German companies such as chemistry BAANFE will go against the current and continue to expand their business in China.

According to Reuters in September this year, the analysis report from the German Institute of Economic Research showed that the direct investment in China in the first half of this year was about 10.31 billion euros. Compared with the 12 billion euros invested in the first half of last year, it showed a downward trend.EssenceHowever, the investment amount in the first half of this year was still nearly twice before the crown disease epidemic.