Published on
Jul 15, 2025
We warned about the first China Shock. The next one will be worse
The first time China upended the US economy, between 1999 and 2007, it helped erase nearly a quarter of all US manufacturing jobs. Known as the China Shock, it was driven by a singular process – China’s late-1970s transition from Maoist central planning to …
Source:
The Straits Times
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Pro-Government
