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The political narrative has eclipsed the actual economics, and that’s a policy problem today.
"China will carry on reaching out to Europeans, the British, the Australians and even the Japanese, not only to try to drive a wedge between the U.S. and the countries of the north," said Jean ...
Experts have argued that the China trade shock has ended. [1] [13] [14] In relation to consumer goods, the China shock largely ended by 2006 or 2007 [14] while indicating that for capital goods the effects of Chinese imports to the United States continued up until 2012 and are ongoing in specific product categories. [1]
Yellen told a press conference that U.S. President Joe Biden would not allow a repeat of the "China shock" of the early 2000s, when a flood of Chinese imports destroyed about 2 million American ...
In 2002, Julia Lovell of The Observer stated that although China's entry to the World Trade Organization could provide Western investors with many new opportunities, Chang's book "marshalled ample evidence to dampen such expectations." [6] In 2001, Patrick Tyler of The New York Times wrote: As Chang discovered, China is a nation of contradictions.
We saw a similar playbook in the China shock of the early 2000s that harmed our manufacturing communities, and this administration is determined we will not see a second China shock," Brainard ...
China Shock 2.0 "will not go down easily," Quinlan tells me. For over a decade we have become accustomed to the economy working a certain way — if this, then that. As a new supercycle emerges ...
China and the U.S. are the world’s two biggest greenhouse gas emitters. “We want to be responsible for our own people, but also for the world as we conduct this relationship,” Burns said.