Which emerging market client was favored by the Germany machinery company in early 2016?

In early 2016, the machinery sector in Germany, particularly companies with a focus on exports, looked favorably upon Indonesia as an emerging market client. This was largely driven by Indonesia's significant infrastructure projects and its growing demand for industrial machinery and equipment. The country was on a trajectory to improve its infrastructure, leading to increased opportunities for machinery suppliers.

Additionally, Indonesia's strategic location within Southeast Asia and its large population presented a substantial market potential for foreign investments, including those from German machinery companies. The government's efforts to attract foreign direct investment and boost the manufacturing sector positioned Indonesia as a promising market during that time.

The other options present emerging markets that, while important, did not exhibit the same level of favorable conditions for German machinery exports in early 2016. For example, Brazil faced economic challenges, and South Africa had various economic and political issues affecting investor confidence. Similarly, Russia's market was impacted by sanctions and economic uncertainties. Thus, Indonesia stood out as the preferred choice for German machinery exporters during that period.