from
Florian Mueller
The largest German medical technology company Siemens Healthineers relies heavily on China. Last fall, the group spun off its China business into its own regional unit, wants to appear there as a “native” company in the future, which develops, manufactures and sells all products in the country. What makes sense for the development of the Siemens subsidiary – after all, China will be the world’s largest market for medical technology by 2030 – also plays into the hands of the Chinese government. On the other hand, the development, which goes far beyond Siemens, could cost Germany billions in economic output in the long term. This is shown by a study by the analysis company Prognos on behalf of the Bavarian Business Association (vbw).