Apollo: China Shock 1.0 flooded markets with cheap goods in the 2000s. Shock 2.0 is an acceleration—China now dominates advanced sectors like EVs & chips via massive overcapacity, but unlike the first shock, there’s nowhere left to move production.
Apollo: China Shock 1.0 flooded markets with cheap goods in the 2000s. Shock 2.0 is an acceleration—China now dominates advanced sectors like EVs & chips via massive overcapacity, but unlike the first shock, there’s nowhere left to move production.