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China’s Five-Year Plans Slash US Jobs, Investment by 5-6%

6/15/2026

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Story summary
  • A study links China’s 2001-2020 five-year plans to a 5 % U.S. job loss, a 6 % investment drop and a one-point rise in business-closure probability.
  • China’s first Five-Year Plan in 1953 guided construction, with later plans aiming to drive development while welcoming foreign capital.
  • Tariffs have made reliance on Chinese components unsustainable, leading a Chinese Academy of Trade fellow to urge United States to deepen cooperation with developing nations, including China.