China shock 2.0: How China’s ongoing export surge differs from the early 2000s

François de Soyres, Ece Fisgin, Ana Maria Santacreu, Eva Van Leemput and Kevin Vega

No 2026-05-29-1, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)

Abstract: China's accession to the World Trade Organization in 2001 marked the beginning of one of the most consequential episodes in the history of global trade. The subsequent surge in Chinese exports–often referred to as the "China Shock"–has been widely associated with large adjustments in production patterns, labor markets, and trade balances across the global economy (Autor et al. 2016; Pierce and Schott 2016).

Date: 2026-05-29
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:103333

DOI: 10.17016/2380-7172.4071

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