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German Industry Skeptical Of China's Equal Treatment Promise

co\The flags of Germany and China are seen in Berlin, Germany

German industry leaders are expressing skepticism over China's recent pledge to treat foreign companies equally. The promise was made during a forum between China and Germany, but many in the German business community remain cautious.

China's commitment to providing a level playing field for foreign firms has been met with doubt, as concerns persist over issues such as intellectual property rights protection and market access restrictions.

Despite China's assurances, German companies are wary of potential challenges they may face when operating in the Chinese market. The lack of transparency and regulatory hurdles continue to be major obstacles for foreign businesses.

Some industry experts believe that China's vow to treat foreign companies fairly may not translate into tangible improvements on the ground. They emphasize the importance of concrete actions and enforceable policies to ensure a more favorable business environment for foreign investors.

German businesses are calling for greater clarity and consistency in China's regulatory framework to build trust and encourage more foreign investment. They stress the need for a more predictable and stable business environment to foster long-term partnerships between China and Germany.

While the dialogue between China and Germany is ongoing, German industry leaders are urging for concrete steps to be taken to address the concerns raised by foreign companies. The outcome of these discussions will be crucial in determining the future of economic relations between the two countries.

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