If Manufacturing Employment is Dead Then Take a Look at China’s Zombie Apocalypse

April 23, 2014

A number of prominent economists have used job losses in China's manufacturing sector as justification for abandoning hope for U.S. manufacturing. But these "job losses" never really existed: they were due to statistical changes and the massive restructuring and privatization of China's economy. Recent data indicate that employment in China's manufacturing sector is growing, not shrinking.