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‘China Shock’ Still Shakes World Grappling With Trade’s Future

  • Governments struggle with fallout from China’s trade weight
  • U.S. coordinating with allies on a unified approach to China
Troubles in China's 'Christmas Town' Mean Higher Holiday Prices
Photographer: Qilai Shen/Bloomberg

Twenty years after China’s ascent into the World Trade Organization, governments around the world are grappling with how to handle the exporting juggernaut for the next two decades.

While it’s largely agreed even by those who brought China into the global trading tent that its entry hasn’t played out as expected, there’s little consensus on what to do about it.