More and more Chinese are investing in Germany. They're especially interested in well-known brand names. And there are plenty of these in the german engineering industry. Waldrich Coburg, for instance.

The franconian company produces machinery for making turbines. In 2005 it was sold to a Chinese group of investors, Beijing No. 1. Since then the number of employees at the company has grown from 500 to 670. The turnover has also doubled, its now reached 150 million Euros. Ute Schneider reports.