Dragon vs Eagle: Can US survive ‘China Shock 2.0’? India could soften blow

China’s economic rise, dubbed the “China Shock,” is entering a new phase with advanced technologies like EVs and semiconductors. This “China Shock 2.0” threatens global manufacturing jobs and economic leadership, driven by China’s industrial policy and dominance across key supply chains. Nations face a critical challenge in coordinating a response to prevent irreversible Chinese dominance.