China Shock 2.0
China Shock 2.0 is a term used by institutions and mass media to indicate the Chinese massive export shock in the 2020s, concerning electric cars and batteries, high tech products and advanced manufacturing. == History == After the first Chinese shock of the 2000s, which was mainly caused by western companies manufacturing decentralization using low cost labor markets, on 2013 a new policy - the "Chinese Dream" - was issued by the new Chinese leader Xi Jinping and Chinese Communist Party, focusing more on developing the internal market than simply manufacturing goods and exporting them.