Germany Is Just Making Too Much Money in China to Back Away Now

Germany’s business leaders have seen the flashing red warning signs that relying on China is risking economic calamity. They’re just not heeding them.

From autos to chemicals, the country’s biggest exporters are ignoring government pleas and pouring billions into new projects that tie their fortunes even closer to the world’s second-largest economy. German corporate investment in China jumped €1.3 billion ($1.5 billion) between 2023 and 2024, hitting €5.7 billion, according to the Mercator Institute for China Studies.