Europe Faces Rising Risks from China's Growing Export Power
TL;DR
Germany, which thrived during the first China Shock due to its specialized manufacturing exports and strategic trade relationships, now faces a potentially catastrophic second China Shock as China rapidly advances in high-tech manufacturing and becomes a direct competitor, threatening Germany's export-led economy and prompting calls for policy reforms and increased domestic demand.
- Germany thrived in the first China Shock. But the next one could prove catastrophic. : Planet Money NPR
- INTERVIEW: China’s weak economy bigger worry than Trump’s trade war, say EU firms Euractiv
- Tariffs: The battle between the US and China increases the risk that Europe will increase its exports of... firstonline.info
- Car trade in reverse as Germany's deficit with China jumps 143 per cent Yahoo Finance
- EU business chief warns of China's rapidly growing exports to Europe Euronews.com
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