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...