Economist challenges ‘China Shock’ narrative of US manufacturing decline
An economist questions the widespread US belief that trade normalisation with China caused major manufacturing job losses.
An economist is challenging the prevailing narrative that US trade normalisation with China triggered significant manufacturing job losses. The analysis reexamines assumptions underlying what is commonly referred to as the China Shock.
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The myth of the China Shock
Michael Strain challenges the widespread US view that their normalisation of trade relations caused large US manufacturing job losses