About two hours outside Frankfurt lies the town of Schweinfurt. Dating back to 791, it's one of the oldest towns in Bavaria. Today, Schweinfurt is part of an auto industry that's at the center of Germany's modern industrial might. -The auto industry is really the backbone of Germany. -German car makers are among the most famous in the world. Mercedes, BMW, Volkswagen. But supporting the iconic brands is a vast network of parts manufacturers. One of them is the Jopp Group, based near Schweinfurt. -So we are ...

If you're mostly just importing without exporting, you're just accumulating trade deficits. It's not obvious where all those people are supposed to go. There's not a new set of activities opening up simultaneously.It was quite a challenge for the United States. We didn't manage it particularly well. And I think it's actually in many ways more challenging now than it was 20 years ago because China has moved so far up the value chain.When the China shock hit the United States in 2000, China was not exporting ...

“It’s a seismic shift for German politics” @DSORennie returns to “Drum Tower” this week to talk about a second China shock with @JNBPage https://t.co/jMFQctMhnp ...

Perhaps the best hope of consolation for Europe lies not in stopping the China shock, but in weathering it https://t.co/B61Vr77oZq ...

Why is Germany so exposed to a second China shock? Find out on this week’s “Drum Tower” podcast https://t.co/8XQCxePahh ...

Why are some in Germany calling for a change of approach in the face of a second China shock? @DSORennie joins @JNBPage on “Drum Tower”. Listen now https://t.co/dlrimm7yDD ...