The Next China Shock and its Global Economic Impact
China's evolving role in the global economy, moving beyond its traditional 'made in China' model, is creating a 'next China shock' that is influencing global perceptions and economic structures.
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Energy & Utilities Roundup: Market Talk - The Wall Street Journal
Energy & Utilities Roundup: Market Talk The Wall Street Journal
Read full article →How the next China shock is shaping hearts and minds
For decades, China’s role in the global economy was easy to define. It made things cheaply and at astonishing scale. “Made in China” became shorthand for industrial capacity. It was often contentious, sometimes admired, sometimes feared. In the years after China joined the World Trade Organization, its firms were deeply embedded in global supply chains, mostly at the lower end of the value chain. They produced for others. Western and Japanese companies controlled the premium segments and bran...
By Lizzi C. Lee
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