The long-term ‘China shock’ effect on US jobs

In December 1978, Chinese leader Deng Xiaoping introduced economic reforms that radically altered the Chinese economy by strengthening trade and cultural ties with the West.

Beginning in the 1990s, these reforms put China on a course to become what it is today: a nation with a vibrant, predominantly market-driven economy that is also second in the world.

Since then, U.S. residents have benefited from cheap products exported from China, but many communities that produced products competing with Chinese manufacturing exports have experienced job losses and economic downturns.

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