German firms bullish on China

Companies in the machinery sector among those most confident on prospects

German companies doing business in China are more optimistic than last year on their economic prospects in the country, according to a survey published by the German Chamber of Commerce in China on Friday.

Most of the companies, that participated in the survey term the current business year as extremely successful, with those from the machinery and industrial equipment sectors being the most bullish, said the chamber's Business Confidence Survey 2017, conducted between Aug 21 and Sept 29 this year.