As for your video on "Germany's worst fears are coming true: car brands moving production to China". I think the car sector has it way worse. China is way better at building EV vehicles, which is pushing European companies out of China. German car sales will drop massively.
Yeah, I saw that domestic cars are have now surpassed foreign sales in China, and I expect the trend will continue. Germany is basically screwed in the near term given that car industry is a huge part of the economy there.
As for your video on "Germany's worst fears are coming true: car brands moving production to China". I think the car sector has it way worse. China is way better at building EV vehicles, which is pushing European companies out of China. German car sales will drop massively.
Yeah, I saw that domestic cars are have now surpassed foreign sales in China, and I expect the trend will continue. Germany is basically screwed in the near term given that car industry is a huge part of the economy there.