What the New China Shock Means for Germany's Industrial Core
Translated from German and summarized by DistantNews. Read the original for the full story.
At a glance
- Economist Brad Setser, a former adviser to Barack Obama and Joe Biden, warns of a possible “China Shock 2.0.”
- The article frames Germany as especially exposed and says it must prepare for the impact on its industrial core.
Economist Brad Setser, who once advised U.S. presidents Barack Obama and Joe Biden, is warning of a “China Shock 2.0.” His advice is directed especially at Germany, which he says must prepare itself.
The article examines what a renewed China shock could mean for Germany's industrial core. The available report presents Setser's warning and his call for Germany to brace for the challenge.
China Shock 2.0.
Originally published by Der Spiegel in German. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.