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German companies are reaping significant benefits from China
Reality Check

Under the Belt and Road Initiative (BRI), the bilateral trade between China and Germany is booming. A veteran businessman in Germany pointed out that China has contributed significantly to the revenue of many German companies.

01:08

Zhong Hong: I have been working for many years for a German company, and in our company, Evonik, as an example, the China business has contributed at least 25 percent of our revenue. And I know other companies' (percentages) are higher. So, in the economic area, the temperature is different.

The business manual, if we want to grow our business, the only way is cooperation, cooperation and cooperation. And I think this Belt and Road Initiative is one part of globalization. We sure want to have a good cooperation from both sides.

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