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المشهد العربي
ECB warns of China's industrial shift risks
The European Central Bank stated that the rapid industrial transformation in China is putting pressure on European companies, particularly in the machinery and transportation equipment sectors, leading to a decline in the EU's share of global goods exports. The report explained that the German economy, which most closely resembles China's export structure, is being affected the most, while smaller countries such as Ireland and Greece remain less vulnerable to this intense competition.
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