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Last month China ended a four-year military stand-off with India on their disputed border; in August, it resolved a two-year spat with Japan over the discharge of radioactive water from the ...
Experts have argued that the China trade shock has ended. [1] [12] [13] In relation to consumer goods, the China shock largely ended by 2006 or 2007 [13] 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]
The political narrative has eclipsed the actual economics, and that’s a policy problem today.
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 ...
A Second Cold War, [1] [2] Cold War II, [3] [4] or the New Cold War [5] [6] [7] has been used to describe heightened geopolitical tensions in the 21st century between usually, on one side, the United States and, on the other, either China or Russia—the successor state of the Soviet Union, which led the Eastern Bloc during the original Cold War.
The terminology is revealing. It is only possible to lose something that one owns. The tacit assumption was that the U.S. owned China, by right, along with most of the rest of the world, much as postwar planners assumed. The "loss of China" was the first major step in "America's decline." It had major policy consequences. [1]
Global commodity prices fell 38% between June 2014 and February 2015. Demand and supply conditions led to lower price expectations for all nine of the World Bank's commodity price indices – an extremely rare occurrence. The commodity price shock in the second half of 2014 cannot be attributed to any single factor or defining event. [6]
The efforts of China’s Communist party, she told us, go way beyond traditional espionage and are deliberately carried out in more remote parts of this country. “China looks beyond the national ...