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Germany’s high-end manufacturing faces crisis from China’s rise, threatening exports, jobs, and economic stability.
Germany’s manufacturing sector is in crisis, facing a "second China Shock" as China advances in high-end industrial production, directly challenging Germany’s core exports in machinery, chemicals, and autos.
Unlike the early 2000s shock that hit low-end industries, this new threat targets Germany’s high-value manufacturing, causing declining output, falling exports, and rising job losses.
Experts warn the situation could lead to deeper deindustrialization than the U.S. experienced, with energy costs and trade tensions worsening the downturn.
Industry leaders and economists stress urgent policy action is needed to protect Germany’s export-driven economy.
La industria manufacturera de alta gama de Alemania se enfrenta a una crisis por el ascenso de China, que amenaza las exportaciones, los empleos y la estabilidad económica.