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7.3
China shifts industrial strategy to mitigate global protectionist backlash against overcapacity
Nikkei Asia·CN · US · DE·about 7 hours ago
Data indicates China has overtaken Germany in multiple industrial export categories, marking a structural shift in global manufacturing dominance. The report highlights the erosion of Germany's long-standing export-led growth model, though it suggests potential, albeit difficult, mitigation strategies for German industry.