China's Growth Is Coming at the Rest of the World's Expense
China has contributed less to global growth this year than the U.S. despite Beijing's frequent criticism of protectionism, according to a Wall Street Journal analysis citing new research from Goldman Sachs economists. U.S. imports are up 10% so far this year compared to a year earlier, while China's imports have fallen 3% in dollar terms. Goldman's economists found that the historical relationship between Chinese growth and global growth has turned negative; where 1% more Chinese output once rai