German direct investment in China increased by 4.3 percent to a record high of 11.9 billion euros (12.7 billion U.S. dollars) last year, constituting a larger share of the country’s overall investment abroad, a Reuters report has said.
German firms are continuing to invest heavily in China, the Reuters reported Wednesday, citing an exclusive analysis from the IW institute based on official Bundesbank data.
Investment in China as a share of Germany’s overall investments abroad rose last year to 10.3 percent, the highest level since 2014, while German direct investments elsewhere in Asia were stagnant at around 8 percent, according to the report.—Xinhua
