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

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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).

Suggested Citation

  • Francois de Soyres & Ece Fisgin & Ana Maria Santacreu & Eva Van Leemput & Kevin Vega, 2026. "China shock 2.0: How China’s ongoing export surge differs from the early 2000s," FEDS Notes 2026-05-29-1, Board of Governors of the Federal Reserve System (U.S.).
    • Handle: RePEc:fip:fedgfn:103333
    DOI: 10.17016/2380-7172.4071
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