BERLIN, Germany – The German Chamber of Commerce and Industry (DIHK) is calling for closer economic cooperation with the Asia-Pacific region as Chancellor Friedrich Merz visits Asia. German companies operating in the region outside China are increasingly optimistic about their business prospects. The Asia-Pacific Conference of German Business (APK) in Seoul should therefore send a clear signal in support of open markets, reliable supply chains and greater planning certainty, said Volker Treier, DIHK’s head of foreign trade.
Business Confidence Rises Outside China
Initial findings from the latest AHK World Business Outlook point to growing confidence: 56 percent of German companies surveyed in the Asia-Pacific region outside China expect business to improve, while only four percent anticipate a deterioration. Investment intentions are also strengthening, with 37 percent planning to increase investment — up seven percentage points from the spring survey.
The picture in China is more subdued. There, 35 percent of German companies expect their business to improve over the coming year. Expectations for the broader economy have also weakened. Across the rest of the Asia-Pacific region, by contrast, companies anticipate a continued economic recovery.
Technology Demand Drives Growth
According to DIHK, the growing use of artificial intelligence and strong demand for semiconductors and data center components are providing significant momentum for the regional economy. At the same time, challenges in the Strait of Hormuz are disrupting supply chains throughout the region.
Trade figures also underline the importance of Asia-Pacific markets for German businesses. By August 2026, German companies had exported goods worth more than €100 billion to the region excluding China. Trade with these countries increased by more than three percent compared with the previous year.
Trade Agreements Key to Lasting Success
DIHK coupled these findings with a clear appeal for action on trade policy. “Good business prospects will only translate into long-term success if ambitious trade agreements open markets, strengthen supply chains and give companies planning certainty,” Treier said.
The chancellor’s October 26–30 visit to Asia includes Singapore, Japan and South Korea. The trip focuses on deepening economic and security cooperation and strengthening international partnerships. The 19th Asia-Pacific Conference in Seoul is a central economic policy event on the itinerary.
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