German firms upbeat about outlook for China despite US decoupling fears, survey finds

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German companies have shown “evident” optimism about the outlook in China this year and most remain committed to the market despite concerns over economic decoupling from the US, according to the latest business confidence survey.Their optimism was based on the country’s post-coronavirus recovery and the prospect of a landmark investment treaty being agreed between Beijing and Brussels when the poll was conducted in October and November, said a report released by the German Chamber of Commerce…

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