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‘Phantom limb’: report blames China shock for Germany’s industrial malaise (www.scmp.com)

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Germany has been warned that a “China shock” to its trade economy is the biggest driver of its industrial slump, in a new report that urges Berlin to throw its weight behind stronger EU measures against Beijing. Much soul-searching has been under way in Berlin over recent years, with the German government focusing on deregulation in an effort to kick-start a sputtering economy. According to the report from influential think tank the Centre for European Reform, the “China shock is now the most...

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