The China dilemma of German corporations is well illustrated by the example of Siemens. Hardly any export company can avoid the attractive market. The most modern factories in the world are currently being built in many places in China – with robots and 3D printers, all digitally networked.
For Siemens, the world market leader in industrial software and automation technology, this is an attractive growth market. If you want to serve it, you have to invest further in a targeted manner.
Nonetheless, an uneasiness remains. And the determination with which Siemens boss Roland Busch internally pushed ahead with the China expansion of the most important group division Digital Industries in March is irritating. Russia had already invaded Ukraine, and China had already threatened Taiwan, as had reports of human rights violations and the country’s increasingly authoritarian leadership.
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