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"Chinese shock 2.0": Beijing's export offensive threatens European industry
📈 Business

"Chinese shock 2.0": Beijing's export offensive threatens European industry

A sharp surge in Chinese exports risks deepening Europe's chronic industrial crisis and in the worst scenario could even cause the global trading system to collapse. Countries whose manufacturing sectors overlap with China's — including Poland — face particular exposure. Economists warn of "Chinese shock 2.0", comparable to the export wave of the early 21st century that devastated Western factories.

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