Experts slam German industry federation’s warn of ‘China Shock 2.0’

The Federation of German Industries (BDI) reportedly warned that the growing problems with China are hitting the industry hard and across the board, claiming that it is “experiencing a China Shock 2.0.” A Chinese expert said that Germany should face up to its own problems and enhance its competitiveness, noting that externalizing internal structural issues does not help truly solve the problems, nor will it promote win-win cooperation between China and Germany.