Germany emerged as one of the principal winners during the initial wave of globalization often referred to as the “first China shock,” capitalizing on its industrial strengths and export-oriented economy to navigate the rapid integration of Chinese manufacturing into the global market. However, as a new phase of economic disruption looms-marked by shifting supply chains, rising protectionism, and intensified geopolitical tensions-the country now faces unprecedented challenges. This article explores how the next China shock could potentially upend Germany’s economic model, threatening the stability of its manufacturing sector and broader economic health.
Germany’s Economic Resilience in the Wake of the First China Shock
In the aftermath of the first China Shock-the rapid surge of Chinese manufacturing exports after its WTO accession-Germany demonstrated remarkable economic resilience. Unlike many Western counterparts that experienced widespread factory closures and job losses,…
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Author : Jackson Lee
Publish date : 2025-10-02 13:39:00
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