Sedan Big companies like vw, bmw or the chemical company covestro they now account for up to a third or more of their sales in China, and many continue to invest in the market.
However, the high dependence of individual companies on the Chinese sales market and a high dependence on China for raw materials distort the view of the big picture, as a yet unpublished study by the German Economic Institute (IW) shows. It is exclusively available for the Handelsblatt.
On the one hand, the study authors examined the dependence of the German industry on Chinese inputs. They compared China’s share with deliveries from abroad as a whole. On the other hand, they analyzed to what extent the manufacturing industry depends on China as a market for the sale of its inputs.
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