How Germany Conquered the First China Shock – and Why the Next One Could Spell Disaster

How Germany Conquered the First China Shock – and Why the Next One Could Spell Disaster

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…