The 'China shock' of trade in the 2000s reverberates in US politics and economics – and warns of the dangers for fossil fuel workers
- Written by Amitrajeet A. Batabyal, Arthur J. Gosnell Professor of Economics, Rochester Institute of Technology
Containers are seen stacked at a port in Qingdao in China's eastern Shandong province on Jan. 14, 2020. STR/AFP via Getty ImagesIn December 1978, the Chinese leader Deng Xiaoping introduced economic reforms that dramatically altered China’s economy by strengthening trade and cultural ties with the West.
Beginning in the 1990s, these reforms...