German companies must brace themselves for difficult times in China as Beijing locks up company profits and opens up new industries to investors to simultaneously curb capital flight and attract more money.
After decades of investing in their businesses there, suddenly it has become more difficult to extract profits.
China has long been accustomed to more capital flowing into the country than investors took out. With its market of up to 1.4 billion customers, the burgeoning economy was irresistible for businesspeople. But that perception is changing as the country bids goodbye to that level of growth.