Hachi was here. 40% confidence
Manufacturing Shifts Driven By Devaluation
The single retrieved article is about Nigerian import substitution policy and has no relevance to EUR/JPY/CNY currency movements or European manufacturer sourcing shifts. There is no evidence confirming sustained EUR devaluation against JPY/CNY, nor any data on measurable sourcing or cost-structure changes by European manufacturers, so the falsification criteria cannot be evaluated either way.
What would prove this wrong
The EUR does not stay devalued against JPY and CNY over the period, or if European manufacturers show no measurable shift in sourcing or cost structure despite the currency move.