certainly accelerated China’s economic growth over the last thirty years by permitting it to become a leading exporter to the rest of the world. However, that same trend caused developed nations to buy a lot of goods from China that they otherwise might have produced themselves, thus curtailing their own GDP. The few million manufacturing jobs estimated to have been lost to China since 2000 certainly made U.S. economic growth lower than it otherwise would have been, although one would need to take into account the benefit of importing low-priced goods from China to estimate the total impact on
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