Is China stealing jobs? It may be losing them, instead

By The New York Times

Jul 29, 2016

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Throughout his presidential campaign, Donald J. Trump has claimed that China is stealing American manufacturing jobs.

At one point, Mr. Trump’s argument had merit. With its large pool of workers who earned much lower wages than their American counterparts, China attracted manufacturers seeking to reduce costs, bolster profitability and keep prices low. Between 1999 and 2011, the United States lost at least two million jobs because of a surge in Chinese imports, according to a study published in The Journal of Labor Economics.

In today’s China, however, workers face a more troubled outlook than Mr. Trump suggests. They are losing their jobs because of a slowing domestic economy, rising costs and stiffer foreign competition — including from the United States.

Read the full story at nytimes.com.

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