The China U S Trade War And Future Economic Relations


The China U S Trade War And Future Economic Relations
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The China U S Trade War And Future Economic Relations


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)



The China U S Trade War And Future Economic Relations


The China U S Trade War And Future Economic Relations
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Author : Lawrence J. Lau
language : en
Publisher:
Release Date : 2019

The China U S Trade War And Future Economic Relations written by Lawrence J. Lau and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019 with POLITICAL SCIENCE categories.


Some believe in the "Thucydides Trap": the idea that, since a rising power will challenge the dominance of an established one, a China-U.S. trade war will be inevitable. Being the largest and the second largest trading nations globally, the U.S. and China are in fact each other's most important trading partners, among many aspects of their complex interrelationships. In this book, Lawrence J. Lau examines various economic statistics of the past few decades to show that while the real effects of the China-U.S. trade war in 2018 are not negligible, they are relatively manageable for both nations. There is no need to panic, despite psychological effects on the Chinese stock markets and on the renminbi exchange rate. Behind the trade war is the potential economic and technological competition between China and the U.S., which is likely to become the "new normal." It is up to each government to battle against the rise of xenophobia, based on the fact that China-U.S. economic collaboration is a potentially positive-sum game through better coordination and fully utilizing each other's currently underutilized resources. Balancing China-U.S. trade and enhancing economic interdependence are not only possible, but desirable. --



Us China Economic Relations


Us China Economic Relations
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Author : Ha Jiming
language : en
Publisher: Peterson Institute for International Economics
Release Date : 2019-04-25

Us China Economic Relations written by Ha Jiming and has been published by Peterson Institute for International Economics this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-04-25 with Business & Economics categories.


Outright trade war between the world’s two largest economies would be devastating to the working people of both countries, as well as destructive to the future of the entire world economy. The costs of conflict between China and the United States far outweigh the current causes of dispute in their economic relationship. These costs would be both direct, in terms of short-term losses of growth and employment, and indirect, in terms of long-term damage to the world trading system, diminishing investment and efficiency. There are points of genuine dispute between the United States and China over their economic interaction. Even if their economic significance is often exaggerated, these are legitimate points of contention and have to be addressed in a constructive manner. The analyses in this volume aim to contribute to a more reality-based consideration of both countries’ enlightened self-interests, which would yield progress on points of dispute in a manner consistent with keeping the world economy open for business.



Us Vs China From Trade War To Reciprocal Deal


Us Vs China From Trade War To Reciprocal Deal
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Author : Pauken Ii Thomas Weir
language : en
Publisher: World Scientific
Release Date : 2019-09-10

Us Vs China From Trade War To Reciprocal Deal written by Pauken Ii Thomas Weir and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-09-10 with Political Science categories.


US vs China: From Trade War to Reciprocal Deal gives readers an up close account on the rough-and-tumble trade talks between the US and China. The book provides a neutral and balanced perspective in addressing the historical, political and cultural backgrounds that had made US-China trade wars inevitable, but also explores how the two richest and most powerful countries and long-time rivals may eventually reach a consensus to support a bilateral trade agreement for the ages.



Us China Trade Disputes


Us China Trade Disputes
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Author : Gary Clyde Hufbauer
language : en
Publisher: Peterson Institute for International Economics
Release Date : 2006

Us China Trade Disputes written by Gary Clyde Hufbauer and has been published by Peterson Institute for International Economics this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with China categories.


As China continues its rise as a great power, The United States Congress and the administration wrestle with one another over the strategies to shape US-China economic relations. What major disputes now, and looming on the horizon, will shape future US-China relations? This book examines these issues and offers suggestions for both sides.



Beyond The Brink


Beyond The Brink
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Author : Matthew P. Goodman
language : en
Publisher: Center for Strategic & International Studies
Release Date : 2019-11-08

Beyond The Brink written by Matthew P. Goodman and has been published by Center for Strategic & International Studies this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-11-08 with Political Science categories.


As the United States and China mark their 40th anniversary of formal diplomatic relations in 2019, the world’s most important bilateral relationship is increasingly defined by mistrust, competition, and uncertainty. After four decades of deepening economic integration, the talk in Washington today is about the extent to which the two economies will “decouple” over the years ahead. We drew on several different academic disciplines to help us model how an economic conflict between the United States and China could escalate and eventually de-escalate. Despite the challenges inherent in modelling economic conflict, our model was validated to a surprising extent by both our simulations and real-world developments. The project produced several findings that were both unexpected and relevant to policy, including that economic conflict is likely to be an enduring feature of the U.S.-China relationship for many years to come. Until perceptions of relative costs in the two countries shift, Washington and Beijing seem set on a path of continued escalation, no substantial trade deal, and at least partial decoupling of their economies. Reflecting on these findings, the report also provides recommendations for U.S. policymakers seeking to engage in successful economic bargaining with China.



Free Trade And The Us China Trade War


Free Trade And The Us China Trade War
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Author : Yoon Heo
language : en
Publisher: Taylor & Francis
Release Date : 2022-08-22

Free Trade And The Us China Trade War written by Yoon Heo and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-08-22 with Business & Economics categories.


This book provides an analysis of the global trading system and its implications. The author uses network theory to examine the sustainability of the free trade system and its future. The book attempts to find out what the future of free trade could be and how the global trading system would unfold. The book assesses four main waves of challenges to free trade and open society: the COVID-19 pandemic, the US–China trade war, economic nationalism, and the Fourth Industrial Revolution. While some of these challenges have been casting their shadows on the global economic system for some time, others are relatively novel, and their full effects are yet to be seen. This book also looks at the challenges they would present to multilateralism and global trade development. This book will interest those who wish to have a better understanding of the US–China trade war and the challenges to the global trading system.



Trade Frictions Between China And The Us


Trade Frictions Between China And The Us
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Author : Markus Karmann
language : en
Publisher: GRIN Verlag
Release Date : 2012-05-03

Trade Frictions Between China And The Us written by Markus Karmann and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-05-03 with Business & Economics categories.


Seminar paper from the year 2010 in the subject Economics - International Economic Relations, grade: 1,1, The University of Hong Kong, language: English, abstract: History plays a funny role in repeating itself. With light of the current trade frictions between the United States and China, their trading histories become increasingly relevant. Little did both sides know the substantial impact of President Nixon’s 1972 meeting with Chairman Mao—the event laid the basis for growth and development between both countries for the next several decades: into a present where the US dominates while China has the fastest growing financial market of the Twenty-first Century. Up until recently, their trade relations have been, if not smooth, at least civil. However, the increasing number of disputes in trade and policy-making may adversely affect the development of Sino-US relations on the world market. As the international society turns their critiquing eyes towards the friction currently plaguing the US and China, the two world powers are placed in the precarious position of settling these disputes to not only decide the future of their own fragile partnership, but the ultimate direction of the world trading scene.



China Us Trade War And Trade Talk


China Us Trade War And Trade Talk
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Author : Miaojie Yu
language : en
Publisher: Springer Nature
Release Date : 2020-05-26

China Us Trade War And Trade Talk written by Miaojie Yu and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-05-26 with Business & Economics categories.


This book focuses on the current tension between China and the US on trade imbalance and discusses China’s opening-up strategy in the context of this trade conflict. The book is divided into two parts. In the first part, the author presents a detailed analysis of the current state of the China-US trade relationship and describes the potential impacts of China-US trade conflicts. The topics covered in this section include the re-estimate of US trade deficit with China, China’s non-market economy status, the impact of China-US bilateral investment treaties on China’s manufacturing sectors, and the estimated welfare losses and gains resulting from the China-US trade war. Part II explores China’s possible response and development strategy in the context of de-globalization. Based on an overview of China’s three stages of economic reform and opening-up policy in the past four decades, the author discusses the future tasks that would move the country into a new stage of all-round opening up. Lastly, the book comprehensively reviews the role of processing trade, trade liberalization, and firm performance in promoting China’s miraculous economic growth so as to foster a better understanding of China’s experience of opening up over the past 4 decades.



U S China Economic Relations


U S China Economic Relations
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Author : Richard Henry Holton
language : en
Publisher: Institute of East Keley
Release Date : 1989

U S China Economic Relations written by Richard Henry Holton and has been published by Institute of East Keley this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989 with China categories.