<iframe src="//www.googletagmanager.com/ns.html?id=GTM-K3L4M3" height="0" width="0" style="display:none;visibility:hidden">

Features Australia

China shock 2.0

Xi is in for a major jolt

6 July 2024

9:00 AM

6 July 2024

9:00 AM

In 2013, three economists published a 154-page study in American Economic Review headlined ‘The China Syndrome’ that analysed ‘local labour market effects of import competition in the US’, to give the rest of the title. To no surprise, the study found a surge of 1,156 per cent in Chinese imports from 1990 to 2007 cost about two million US jobs, reduced wages in import-competing industries and forced greater government transfers to victim communities.

Already a subscriber? Log in

Subscribe for just $2 a week

Try a month of The Spectator Australia absolutely free and without commitment. Not only that but – if you choose to continue – you’ll pay just $2 a week for your first year.

  • Unlimited access to spectator.com.au and app
  • The weekly edition on the Spectator Australia app
  • Spectator podcasts and newsletters
  • Full access to spectator.co.uk
Or

Unlock this article

REGISTER

You might disagree with half of it, but you’ll enjoy reading all of it. Try your first month for free, then just $2 a week for the remainder of your first year.


Comments

Don't miss out

Join the conversation with other Spectator Australia readers. Subscribe to leave a comment.

Already a subscriber? Log in

Close