Europe

To your last point, that's par for the course in the whole EU, and it's still putting out GDP performances nearing that of China. It feels especially coming from the Economist that it's just capitalist whining that labour rights exist. It also had the same or at least very GDP growth that the US had for example.

Also one thing to consider is most German companies outsource manufacturing if not all the way to Asia, to Eastern Europe. German car manufacturers have more of a manufacturing presence in Poland and Hungary than in Germany, mostly because of the lower wages and laxer labour laws.