Search results
Results from the WOW.Com Content Network
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]
The political narrative has eclipsed the actual economics, and that’s a policy problem today.
At the time, Acheson's China White Paper with its catalog of $2 billion worth of American aid provided to China since 1946 was widely mocked as an excuse for allowing what was widely seen as a geopolitical disaster which allowed the formation of a Sino-Soviet bloc with the potential to dominate Eurasia. [3]
Feenstra has also conducted research on the impact of China’s joining the WTO on its exports– the so-called China shock – and on employment in the United States and elsewhere. In 2019, he and coauthors published the article "U.S. Exports and Employment” in the Journal of International Economics, examining the job losses caused by U.S ...
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.
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 ...
With carmakers in a ‘state of shock’ over Tesla-beating BYD’s prices, EU investigators will visit China’s EV giants as part of an anti-subsidy probe Steve Mollman January 13, 2024 at 1:13 PM
Since the entry of entry of China into the WTO in December 2001, the decline in U.S. manufacturing jobs has accelerated (the China shock). [330] [331] The Economic Policy Institute estimated that the trade deficit with China cost about 2.7 million jobs between 2001 and 2011, including manufacturing and other industries. [332]