We Warned About the First China Shock. The Next One Will Be Worse.

We Warned About the First China Shock. The Next One Will Be Worse.

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We Warned About the First China Shock. The Next One Will Be Worse. – The New York Times

https://www.nytimes.com/2025/07/14/opinion/china-shock-economy-manufacturing.html?unlocked_article_code=1.WU8.eHEc.hnMCIwz9V1OW∣=url-share (gift) «China Shock 1.0 was bound to ebb when China ran out of low-cost labor, as it now has. Its growth is already falling behind Vietnam’s in industries such as clothing and commodity furniture. But unlike the United States, China is not looking back and mourning its lost manufacturing prowess. It is focus…