Economic Globalization November 2007 Globalization has been covered heavily in the news recently, with special focus on the rise of China in the global economy and the sense of more job insecurity in the United States. See "Globalization's Gains Come with a Price" (http://online.wsj.com/article/SB117994581454912387.html?mod=Letters) in the May 24, 2007, Wall Street Journal.