26.11.2025

The industrial order of the last 30 years just broke, quietly.

2025 marks a historic turning point: Germany, once the world’s industrial powerhouse, now imports more capital goods from China than it exports. A symbolic reversal that forces Europe to rethink its technological sovereignty and industrial strategy.

This isn’t deglobalization — it’s a global industrial renaissance. Countries are reshoring production, rebuilding infrastructure, boosting defense, and securing critical supply chains.

At the same time, the eurozone is shifting from high inflation to near-deflation, with slowing growth and weakening labor markets. The ECB is running out of time.

Two tectonic plates are moving in 2025: Germany’s industrial model is cracking, and Europe’s economic cycle is turning sharply. The global industrial map is being rewritten.

Watch the video by John Plassard, Partner & Head of Investment Strategy at Cité Gestion!