Experts caution that Germany’s technological lag won’t vanish with recent reforms, urging action against China’s export tactics.

Economists are sounding alarms over inflated expectations regarding Germany’s latest reform package, emphasizing the need for technological innovation to drive economic growth. Moritz Schularick, head of the Kiel Institute for the World Economy, stated that such reforms won’t eliminate the technological gap.

Concerns also arise over China’s aggressive export strategy, which has contributed significantly to Germany’s industrial job losses. Jürgen Matthes from the Institute of the German Economy highlighted that China’s products are often priced 50-60% lower than Germany’s, raising questions about fair competition. The EU may need to impose tariffs to counteract these unfair advantages.