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The New “China Shock” Is Hitting Poor Countries The Hardest

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By Shoumitro Chatterjee, Arvind Subramanian - Project Syndicate | October 20, 2025

China’s continued dominance in low-skill export sectors reflects not just efficiency, but deliberate policy choices that prevent poorer countries from climbing the development ladder. If it truly aspires to global leadership, it must stop tilting the playing field in its own favor.

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