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a leading Brussels thinktank has said.
Oooh that sounds like a solid source!
Probably a US-funded one.
The original comes from the Centre for European Reform. Wikipedia has this lovely line:
It has significant corporate funding, including from APCO an American public relations company best known for their work with Philip Morris.
https://en.wikipedia.org/wiki/Centre_for_European_Reform
https://www.cer.eu/publications/archive/policy-brief/2026/china-shock-20-cost-germanys-complacency
https://www.consilium.europa.eu/de/policies/safe/ (the list of credit lines)
It’s not so much Germany that has to prepare for China Shock 2.0 but the rest of Europe. If German credit ratings fall, everybody falls back to their own rating.