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"China Shock": A Political Slogan Covering Up US Internal Crises

By Meng Zhe, Wang Ning, and Kong Wenzheng | China Daily | Updated: 2026-04-15 10:08
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Have you heard of "China Shock"? Is "China Shock 2.0" afact or political rhetoric? Why has this narrative become so prevalent? What is the essence of major-country competition? How can we tackle the trend of global protectionism?

Recently, we interviewed Nobel Prize-winning economist James Heckman on the sidelines of the China Development Forum. With an economic perspective, he unravels the public opinion myths, cuts through the noise, and reveals the real logic behind "China Shock". Watch the full exclusive interview to hear his insights↓↓↓

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