The world is scarred from China shock 1.0. They're not about to let 2.0 happen so easily.

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The world is scarred from China shock 1.0. They're not about to let 2.0 happen so easily.

A large number of Chinese-made cars and construction machinery are gathering at the port of Yantai, waiting to be loaded for export, in Yantai, China, on April 1, 2024.Costfoto/NurPhoto/Getty ImagesChina is pivoting to new growth drivers in solar cells, electric vehicles, and lithium-ion batteries.This could create "China shock 2.0" that impacts other economies around the world.The US, EU, and other nations are strategizing to counter China's em…