Quo vadis: German Machine Tools in China
Driven by continued industrial investment, 2022 was a solid year for the German machine tool industry in China. Although the current outlook is challenging, hopes are high that demand will pick up in the coming months and the commitment of companies in China remains undoubted.
In his presentation, Daniel Berge introduced the latest developments and prospects of the Chinese economy and the government's development plan for the machine tool industry. In addition, he shared a practical example in which EAC is supporting an international company in its technological transition from traditional powertrain to electric mobility applications.
Are you interested in the opportunities and challenges of the German machine tool industry in China? Then contact Daniel Berger for an exchange.