Is China a threat or an opportunity?

From a course on International Trade that Rodrik is teaching at Harvard;

Does China’s entry into world markets in a big way threaten to crowd out other developing countries and generate large labor-market dislocations in advanced countries? How do we evaluate the bilateral US-China current account imbalance?

Readings:

Peter K. Schott, “The Relative Sophistication of Chinese Exports,” NBER Working Paper No. W12173, April 2006.

Robert Dekle, Jonathan Eaton, and Samuel Kortum, “Unbalanced Trade,” NBER Working Paper No. 13035, 2007.

Richard B. Freeman, “Does Globalization of the Scientific/Engineering Workforce Threaten U.S. Economic Leadership?” NBER Working Paper 11457, June 2005.

Barry Eichengreen, Yeongseop Rhee, and Hui Tong, “The Impact of China on the Exports of Other Asian Countries,” NBER WP no. w10768, September 2004.

Robert Z. Lawrence, “China and the Multilateral Trading System,” NBER Working Paper No. 12759, December 2006.