China S Economic Development And U S Trade Interests
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China S Economic Development And U S Trade Interests
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Author :
language : en
Publisher:
Release Date : 1985
China S Economic Development And U S Trade Interests written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1985 with China categories.
The China U S Trade War And Future Economic Relations
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Author : Lawrence J. Lau
language : en
Publisher: The Chinese University Press
Release Date : 2018-12-14
The China U S Trade War And Future Economic Relations written by Lawrence J. Lau and has been published by The Chinese University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-12-14 with Political Science categories.
The relation between China and the United States is arguably the most important bilateral relation in the world today. The U.S. and China are respectively the largest and the second largest economies in the world. They are also respectively the largest and the second largest trading nations in the world as well as each other’s most important trading partner. If China and the U.S. work together as partners towards a common goal, many things are possible. However, there exist significant friction and potential conflict in their economic relations. The large and persistent U.S.-China bilateral trade deficit is one of the problems. It is essential to know the true state of the China-U.S. trade balance before effective solutions can be devised to narrow the trade surplus or deficit. The impacts and potential impacts of the 2018 trade war between China and the U.S. on the two economies are analysed and discussed. The longterm forces that underlie the economic relations between the two countries beyond the 2018 trade war are examined. In this connection, how a “new type of major-power relation” between the two countries can help to keep the competition friendly and avert a war between them is explored. ~~~~~~~~ Lawrence J. Lau’s timely The China-U.S. Trade War and Future Economic Relations is full of careful analysis, penetrating insight and helpful suggestions from the world’s preeminent economist on this relationship. —Michael J. Boskin Tully M. Friedman Professor of Economics, Stanford University Former Chair, U.S. President’s Council of Economic Advisers This sober and systematic study of U.S.-China trade relations and of technological development in the two countries is particularly timely. Lawrence Lau is one of the world’s foremost economists working on these issues. —Dwight H. Perkins Harold Hitchings Burbank Professor of Political Economy, Emeritus Former Chair, Department of Economics, Harvard University This is a timely and penetrating analysis of the China-U.S. trade and economic relations, from its origins to its impacts and to a way forward. —Yingyi Qian Chairman of the Council, Westlake University Former Dean, School of Economics and Management, Tsinghua University Counsellor of the State Council, People’s Republic of China Lawrence Lau’s book on the current U.S.-China trade war is insightful, balanced and comprehensive; rich in data on trade, investment, science and technology. It is essential reading for anyone who wants to get past the headlines. —A. Michael Spence Nobel Laureate in Economic Sciences (2001) Senior Fellow, The Hoover Institution, Stanford University Lawrence Lau brings light in the form of rigorous honest fact-based economic analysis to a subject where most of the discussion has been heated bluster, false claims, and political rhetoric. —Lawrence H. Summers Former U.S. Secretary of the Treasury; Former President, Harvard University There is no topic more important, or more timely, or more urgent, than the China-U.S. trade war. Professor Lau is the ideal person to write about the implications of the China-U.S. trade war and the proposed resolution. —Tung Chee-Hwa Vice-Chairman, Chinese People’s Political Consultative Conference National Committee Chairman, China-U.S. Exchange Foundation The history of Sino-American relations, to a great extent, has been a shared history. Lawrence Lau’s timely and penetrating study will tell us it is still in best interest for both countries if they continue to pursue a shared journey and destination instead of parting ways. —Xu Guoqi Kerry Group Professor in Globalization History, The University of Hong Kong Author of Chinese and Americans: A Shared History This beautifully composed book uses nontechnical language to unravel the intricacies of the 2018 U.S.-China trade war, together with its long-term impact. I learned a lot from reading it. —Chen-Ning Yang Nobel Laureate in Physics (1957)
China The United States And South East Asia
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Author : Sheldon W. Simon
language : en
Publisher: Routledge
Release Date : 2007-08-09
China The United States And South East Asia written by Sheldon W. Simon and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-08-09 with History categories.
China’s emergence as a great power is a global concern that can potentially alter the structure of world politics. Its rise is multidimensional, affecting the political, security, and economic affairs of all states that comprise the world’s fastest developing region of the Asia-Pacific. Most of the recently published studies on China’s rise have focused on its relations with its immediate neighbours in Northeast Asia: Japan, the Koreas, Taiwan, and Russia. Less attention has been given to Southeast Asia’s relations with China. To address these issues, this volume, with its wide range of perspectives, will make a valuable contribution to the ongoing policy and academic dialogue on a rising China. It examines a range of perspectives on the nature of China’s rise and its implications for Southeast Asian states as well as US interests in the region. China, the United States and South-East Asia will be of great interest to students of Chinese politics, South-East Asian politics, regional security and international relations in general.
The Chinese Century
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Author : Oded Shenkar
language : en
Publisher: Pearson Education
Release Date : 2006-01-31
The Chinese Century written by Oded Shenkar and has been published by Pearson Education this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-01-31 with Business & Economics categories.
By 2015, China may well have the world's largest economy. In The Chinese Century, Oded Shenkar shows how China is restoring its imperial glory by infusing modern technology and market economics into a non-democratic system controlled by the Communist party and bureaucracy. Shenkar shows why China's quest for global success differs radically from predecessors such as Japan, India, and Mexico... why it represents a fundamental restructuring of the global business system... and why it will transform the roles of participants in the global economy. He previews tomorrow's new competitive ground rules, terms of employment, and consumption patterns, and shows how Chinese ascendancy is redrawing political, economic, and social battle lines. Learn why the U.S. is most vulnerable to China's ascent... how China's disregard for intellectual property creates sustainable competitive advantage... how China's growth impacts global businesses and individual purchasing decisions. Above all, Shenkar shows what you must do to survive and prosper in "The Chinese Century."
Trade Openness And China S Economic Development
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Author : Miaojie Yu
language : en
Publisher: Routledge
Release Date : 2019-11-20
Trade Openness And China S Economic Development written by Miaojie Yu and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-11-20 with Business & Economics categories.
With the expansion of globalization, international trade has played an increasingly significant role, especially for developing countries. As the largest developing country, China has made a lot of efforts to integrate to the global market since its Open and Reform Policy in 1978 and has become the second largest economy in world. So what is the effect of China’s trade-oriented strategy for the country and the world? How did it improve the country’s economic development? These are some critical questions this book discusses. This book utilizes classic Western economic models to examine how China’s openness policies have affected the manufacturing upgrading and economic development of the country. A large amount of micro-level empirical evidence is added to support the conclusion. Scholars and students in economics and business will benefit from this book. Also, it will appeal to readers interested in policy making and Chinese studies.
China S Economic Rise
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Author : Congressional Research Service
language : en
Publisher: CreateSpace
Release Date : 2014-10-09
China S Economic Rise written by Congressional Research Service and has been published by CreateSpace this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-10-09 with Political Science categories.
Prior to the initiation of economic reforms and trade liberalization 35 years ago, China maintained policies that kept the economy very poor, stagnant, centrally controlled, vastly inefficient, and relatively isolated from the global economy. Since opening up to foreign trade and investment and implementing free market reforms in 1979, China has been among the world's fastest-growing economies, with real annual gross domestic product (GDP) growth averaging nearly 10% through 2013. In recent years, China has emerged as a major global economic and trade power. It is currently the world's largest merchandise trading economy, second-largest destination of foreign direct investment (FDI), largest manufacturer, largest holder of foreign exchange reserves, and is projected to become the world's largest economy in 2014. The global economic crisis that began in 2008 greatly affected China's economy. China's exports, imports, and FDI inflows declined, GDP growth slowed, and millions of Chinese workers reportedly lost their jobs. The Chinese government responded by implementing a $586 billion economic stimulus package, loosening monetary policies to increase bank lending, and providing various incentives to boost domestic consumption. Such policies enabled China to effectively weather the effects of the sharp global fall in demand for Chinese products, while several of the world's leading economies experienced negative or stagnant economic growth. From 2008 to 2011, China's real GDP growth averaged 9.6%. However, the economy has shown signs of slowing in recent years. Real GDP grew by 7.7% in both 2012 and 2013, and is projected by the International Monetary Fund (IMF) to slow to 7.4% in 2014 and to 7.1% in 2015. Some economists forecast that China will overtake the United States as the world's largest economy within a few years. However, the ability of China to maintain a rapidly growing economy in the long run will depend largely on the ability of the Chinese government to implement comprehensive economic reforms that more quickly hasten China's transition to a free market economy; rebalance the Chinese economy by making consumer demand, rather than exporting and fixed investment, the main engine of economic growth; boost productivity and innovation; address growing income disparities; and enhance environmental protection. The Chinese government has acknowledged that its current economic growth model needs to be altered and has announced several initiatives to address various economic challenges. In November 2013, the Communist Party of China held the Third Plenum of its 18th Party Congress, which issued a communique outlining a number of broad policy statements on reforms that would be implemented by 2020. Many of the proposed reforms are measures that would seek to boost competition and economic efficiency. For example, the communique stated that the market would now play a “decisive” role in allocating resources in the economy. China's economic rise has significant implications for the United States and hence is of major interest to Congress. On the one hand, China is a large (and potentially huge) export market for the United States. Many U.S. firms use China as the final point of assembly in their global supply chain networks. China's large holdings of U.S. Treasury securities help the federal government finance its budget deficits. However, some analysts contend that China maintains a number of distortive economic policies (such as protectionist industrial policies and an undervalued currency) that undermine U.S. economic interests. They warn that efforts by the Chinese government to promote indigenous innovation, often through the use of subsidies and other distortive measures, could negatively affect many leading U.S. industries. This report surveys the rise of China's economy, describes major economic challenges facing China, and discusses the implications of China's economic rise for the United States.
China U S Trade Issues
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Author : Wayne M. Wayne M. Morrison
language : en
Publisher:
Release Date : 2014-09-17
China U S Trade Issues written by Wayne M. Wayne M. Morrison and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-09-17 with categories.
U.S.-China economic ties have expanded substantially over the past three decades. Total U.S.- China trade rose from $2 billion in 1979 to $562 billion in 2013. China is currently the United States' second-largest trading partner, its third-largest export market, and its biggest source of imports. China is estimated to be a $300 billion market for U.S. firms (based on U.S. exports to China and sales by U.S.-invested firms in China). Many U.S. firms view participation in China's market as critical to staying globally competitive. General Motors (GM), for example, which has invested heavily in China, sold more cars in China than in the United States each year from 2010 to 2013. In addition, U.S. imports of low-cost goods from China greatly benefit U.S. consumers, and U.S. firms that use China as the final point of assembly for their products, or use Chinese made inputs for production in the United States, are able to lower costs. China is the largest foreign holder of U.S. Treasury securities (nearly $1.3 trillion as of June 2014). China's purchases of U.S. government debt help keep U.S. interest rates low.Despite growing commercial ties, the bilateral economic relationship has become increasingly complex and often fraught with tension. From the U.S. perspective, many trade tensions stem from China's incomplete transition to a free market economy. While China has significantly liberalized it's economic and trade regimes over the past three decades, it continues to maintain (or has recently imposed) a number of state-directed policies that appear to distort trade and investment flows. Major areas of concern expressed by U.S. policy makers and stakeholders include China's relatively poor record of intellectual property rights (IPR) enforcement and alleged widespread cyber economic espionage against U.S. firms by Chinese government entities; its mixed record on implementing its World Trade Organization (WTO) obligations; its extensive use of industrial policies (such as financial support of state-owned firms, trade and investment barriers, and pressure on foreign-invested firms in China to transfer technology in exchange for market access) in order to promote the development of industries favored by the government and protect them from foreign competition; and its policies to maintain an undervalued currency. Many U.S. policy makers argue that such policies negatively impact U.S. economic interests and have contributed to U.S. job losses.
China Us Trade Frictions Shaping New Equilibriums With The Eu And The Us Towards A New Multilateralism Or Tripolarism
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Author : Xugang Yu
language : en
Publisher: World Scientific
Release Date : 2021-01-05
China Us Trade Frictions Shaping New Equilibriums With The Eu And The Us Towards A New Multilateralism Or Tripolarism written by Xugang Yu and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-01-05 with Political Science categories.
This book shows the impact of the recent trade tensions between China and the US on the world trade order, and how parties have reached a deal (so called 'phase one', January 2020), which could lead to a more comprehensive agreement, and the consequences of these 'adjustments' in shaping new equilibriums.After 40 years, China has transformed into an economic superpower, which could now rival the US. This has evoked some concerns, and put the US in an uncomfortable position, as the US views the rise of China as a threat to its predominance and interests. However, China's development and its increasing economic power, which is a direct consequence of the ongoing reform process, is unstoppable.The confrontation between China and the US will favor Chinese expansion into the EU not only because the EU offers a more receptive environment for Chinese Foreign Direct Investment, but also because the EU and China have more in common if we consider the Belt And Road Initiative and the new bilateral investment agreement which is under negotiation. The EU, not only represents the final destination of the BRI, but also a more logical and convenient trade partner for China.The shift of Chinese attention toward the EU will also change the equilibrium between China, the EU and the US, bring forth the negotiation of new trade agreements, and move the entire international community towards a new world trade order and a new multilateralism which might evolve into a tripolarism.
China S New Role In The World Economy
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Author : Yiping Huang
language : en
Publisher: Routledge
Release Date : 2013-01-04
China S New Role In The World Economy written by Yiping Huang and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-01-04 with Business & Economics categories.
The remarkable rise of China over the past three decades has been unprecedented in both its scale and speed. Analysts around the world have attempted to understand the causes of this unique event and to predict how long it will last. China's rise has also raised two important questions. The first concerns the stability and the sustainability of China’s growth, which has been accompanied by growing internal and external imbalances, rising inequality at home, environmental degradation and an increased risk of catastrophic climate change, and has happened in spite of the continuing, if diminished, role of the state in many sectors of the economy. The second concerns trying to guess what the effect of China’s rise will be on its relations with the rest of the region, the world and the existing global order. It seems only a matter of time until China becomes the world’s largest economy, and history suggests that it is unthinkable that this event would be without geopolitical consequences. The chapters in this volume draw on papers originally presented to the 34th Pacific Trade and Development Conference held in Beijing in 2010 to discuss these two big questions and China’s changing role in the world economy. This book will be welcomed by students and scholars of Chinese economics, business and politics, and those interested in the pervasive impact of China’s development on the global economy.
Love And Trade War
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Author : Li Sheng
language : en
Publisher: Springer Nature
Release Date : 2021-01-24
Love And Trade War written by Li Sheng and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-01-24 with Business & Economics categories.
This book puts the trade war between the United States and China in historical context. Exploring the dynamics of isolation and internal reform from a Chinese perspective, the author draws upon valuable insights from China's years of isolation prior to the famous Nixon-Mao summit. Advocating internal reform as a more productive strategy than conflict with other powers, this powerful argument for globalization with Chinese characteristics will be of interest to scholars of China, economists, and political scientists.