Neil Shearing Discusses ‘China Shock 2.0’
Key Takeaways
- •Capital Economics' Weekly Briefing series features Group Chief Economist Neil Shearing discussing "China Shock 2.0."
- •The original China shock refers to the surge in Chinese exports that followed the country's 2001 accession to the World Trade Organization.
- •Research by economists David Autor, David Dorn, and Gordon Hanson linked the original China shock to steep manufacturing job losses in import-exposed regions of the United States.
- •The "2.0" framing addresses how a fresh wave of Chinese export competitiveness could interact with current tariff disputes, industrial-policy subsidies, and supply-chain realignments in advanced and emerging economies.
- •The episode can be accessed on Spotify, Apple Podcasts, and other leading podcast platforms.
Capital Economics, the independent economics research firm, presents “Neil Shearing on China Shock 2.0.” Shearing, the firm’s Group Chief Economist, weighs in on a phrase that echoes one of the most closely studied episodes in modern trade economics. The episode, part of Capital Economics’ Weekly Briefing series, is available through Spotify, Apple Podcasts, and other leading podcast platforms.
For readers new to the term, the original “China shock” describes the surge in Chinese exports that followed the country’s 2001 accession to the World Trade Organization — a period that influential academic research, most prominently by economists David Autor, David Dorn, and Gordon Hanson, linked to steep manufacturing job losses in import-exposed regions of the United States. A “2.0” framing points to the renewed version of that debate: how a fresh wave of Chinese export competitiveness could interact with today’s tariff disputes, industrial-policy subsidies, and supply-chain realignments across advanced and emerging economies alike.
Listeners can put the discussion in broader context through the firm’s related research below, which spans emerging-market food inflation, euro-zone growth and labour-cost data, and growth outlooks across Africa.
