Europe’s New ‘China Shock’ — Trade tensions, job losses, crisis talks
About this episode
The episode discusses the impact of surging Chinese exports on European industry, particularly in Germany, amidst rising trade tensions.
Despite decades of rapid Chinese growth, it’s over the past year that European politicians have begun to talk of facing what’s been dubbed the ‘China Shock 2.0’ — as surging Chinese exports and the impact of higher technology Chinese growth increasingly affect the heartlands of European industry — particularly German car and machinery manufacturing. Germany’s industrial output has fallen around 10% since 2022, and the country is estimated to be shedding some 10,000 industrial jobs every month...
People in this episode
Host: SOAS China Institute
Topics covered
- trade tensions
- job losses
- Chinese exports
- European industry
- industrial output
- technology growth
Keywords
- China Shock 2.0
- trade tensions
- job losses
- German industry
- Chinese exports
- industrial output
- technology growth
Mentioned in this episode
Organizations: Germany, German car and machinery manufacturing
Places: Europe
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