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Expert: Data shows German businesses' confidence in investing in China

03:15

Chinese President Xi Jinping met with German Chancellor Olaf Scholz on Tuesday in Beijing. Reports say German investment in China increased by more than 4 percent last year to nearly 12 billion euros (about $12.75 billion). Zhang Biao, an associate professor at the School of Political Science and Public Administration under the University of Political Science and Law, said the data reflects the German business community's confidence in investing in China.

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