What to know

• The first “China shock” was fairly easy to understand. Beginning in the 1990s, cheap Chinese goods poured into global markets,S1
• The first “China shock” was fairly easy to understand. Beginning in the 1990s, cheap Chinese goods poured into global markets, displacing large parts of lower-end manufacturing across the world. Now, China shock 2.0 seems to be under way, with China taking the...S2