German direct investment in China increased by 4.3%, reaching a record of €11.9 billion, reveal official data cited by the British agency Reuters. Data from the Bundesbank, the German central bank, from a report by the Institute of German Economics (IW) seen by Reuters also reveals that the proportion of Germany's foreign direct investment in China increased last year, despite calls from Berlin for German companies reduce their exposure to the Asian country. That’s what a lot of taxes do!