China becomes the largest foreign investor in Germany

China becomes the largest foreign investor in Germany

China overtook the United States to become the largest foreign investor in Germany in 2011 in terms of investment project numbers, according to statistics released by the Germany Trade & Invest (GTAI) agency. Chinese investment projects in Germany have totaled up to 158, ahead of the United States' 110, Switzerland's 91 and France's 53, according to the GTAI. The foreign investment projects in Germany are mainly concentrated in the mechanical engineering and automotive sectors, which account for 20% of the total, while 13% has been pumped into the new technologies and 6% into the field of renewable energy.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?