"balanced" one in which China's productivity grows at the same rate in each sector, and an "unbalanced" one in which China … magnitude larger welfare gains when China's productivity growth is biased towards its comparative disadvantage sectors. We …This paper evaluates the global welfare impact of China's trade integration and technological change in a quantitative …

export growth following the permanent normalization of trade relations with China (PNTR). But there was also an offsetting … declined in the most exposed industries because of the export destruction effect. On aggregate, the US and China both gain from … PNTR, but the gains are larger for China. …

beneficial to others. The “China Shock”-denoting China’s rapid market integration in the 1990s and its accession to the World …