Different cultures successfully combine resistance and credibility are important economic characteristics, so one of the statements by Sylvia Schroll-Machl, author of doing business with Germans”. Their observation is based on the development of the German business community in Hong Kong during the last few decades. The majority of about 3,000 Germans in the metropolis operates in the trade or production. The German community here was always very stable,”reports Wolfgang Ehmann. As Executive Director of APC in Hong Kong, he has a good overview of the bilateral economic relations between Germany and the metropolis. German companies think long term and carefully consider investment.
If the decision is made, it is then also consistently implemented”. Germany is Hong Kong’s most important European trading partner. The majority of the products are re exports to the and from the Chinese mainland. According to figures from the Federal Statistical Office, Germany exported 2012 goods worth a total of $ 7.3 billion after Hong Kong, including mainly machinery, food, luxury goods such as cars and electrical and electronic equipment. For the 620 with own Office in Hong Kong-based companies, the city is the gateway to the Chinese mainland and the Asian region. Even though the export from Hong Kong to Germany was 2012 due declined to 13 percent by the decline in demand in Europe, Ebrahim sees no trend for German Hong Kong economic relations.
Statistics are tricky. According to the State of economic relations, I consider the question more in an overarching context. These include the presence of German businesses and immigrants and the development of the German business world in recent years. There were ups and downs, but on the whole, there is stability. The role of Hong Kong as a trade platform for China and other countries in the region, is still attractive for German companies,”explains Ehmann. This view shares Tobi DCosta, Hong Kong resident for 17 years Contractor: Hong Kong is the best place in the world to do business.