Riches and Power

Short: China Shock w. Gordon Hanson of Harvard

17 min · 11. april 2025
episode Short: China Shock w. Gordon Hanson of Harvard cover

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The China Shock started in earnest in the early 2000s after it entered the World Trade Organization. In those years, the American heartland's manufacturing was gutted as a result of the shockingly fast entry of cheaper Chinese goods into the world stage. That was China Shock 1.0. Why was that shock so impactful, and what is going on during today's China Shock 3.0 to many other countries. Join us for this timely discussion given the ongoing Trump trade war and tariffs.

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