Is German Precision Manufacturing Over? #economicsexplained #germanmade

Germany's manufacturing industry is not doing well. China has taken a big chunk of the advanced machinery and automotive market, and with massive shortages of qualified workers and failure to adapt to new market opportunities, are we seeing the decline of "German Made"?

Includes a video clip by @WalkaboutRojo inside a Chinese factory.

Видео Is German Precision Manufacturing Over? #economicsexplained #germanmade канала Economics Explained