For the Bayer AG Group, China is now the third largest market generating a turnover of just over EUR 2.1 billion, however, for Bayer MaterialScience (BMS) China is now equal, in terms of sales, with the United States and the group of three German speaking markets of Germany, Switzerland, and Austria. Among these three markets BMS sees China as the growth economy and expects by 2011 that it will be the largest market Considering that during 2009 economies endured the worst recession since WWII, when BMS, like many companies, lost significant volumes of business, the company actually experienced a slight growth in sales to China.
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