The U S China Bilateral Trade Balance

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The U S China Bilateral Trade Balance

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Author : Robert C. Feenstra
language : en
Publisher:
Release Date : 1998

The U S China Bilateral Trade Balance written by Robert C. Feenstra and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with Balance of trade categories.

This paper has two aims. The first is to reduce the range within which the true U.S.-China bilateral trade deficit lies. The second is to identify the determinants of the bilateral trade deficit and offer an assessment of their relative importance. We calculate a smaller range of values for the bilateral trade deficit than in previous studies, due to a new estimation method that takes advantage of our access to detailed Chinese Customs data at the commodity level. For example, the revised US-China bilateral trade deficit is $15 billion to $20 billion in 1994, and $16 billion to $22 billion in 1995, compared to the official range of $8 billion to $30 billion, and $9 billion to $34 billion, respectively. The widening of the US-CHINA bilateral trade deficit in recent years reflected many factors. In our opinion, the two chief factors are (i) macroeconomic forces in the US and China moving in opposite direction, causing their respective overall trade balance to move in opposite directions; and (ii) the accelerated relocation of production of US imports from East Asia to China.

The China United States Bilateral Trade Balance

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Author : Kwok Chiu Fung
language : en
Publisher:
Release Date : 1997

The China United States Bilateral Trade Balance written by Kwok Chiu Fung and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Balance of trade categories.

New Estimates Of The United States China Bilateral Trade Balances

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Author : Kwok Chiu Fung
language : en
Publisher:
Release Date : 1999

New Estimates Of The United States China Bilateral Trade Balances written by Kwok Chiu Fung and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Balance of trade 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)

Teh U S China Bilateral Trade Balance

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Author : Robert C. Feenstra
language : en
Publisher:
Release Date : 1998

Teh U S China Bilateral Trade Balance written by Robert C. Feenstra and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with categories.

Adjusting Chinese Bilateral Trade Data

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Author : John W. Schindler
language : en
Publisher:
Release Date : 2005

Adjusting Chinese Bilateral Trade Data written by John W. Schindler and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Balance of trade categories.

U S China Trade Issues After The Wto And The Pntr Deal

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Author :
language : en
Publisher: Hoover Press
Release Date :

U S China Trade Issues After The Wto And The Pntr Deal written by and has been published by Hoover Press this book supported file pdf, txt, epub, kindle and other format this book has been release on with Balance of trade categories.

On Sino Us Trade Balance

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Author :
language : en
Publisher:
Release Date : 1997

On Sino Us Trade Balance written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with China categories.

The Return Of International Politics

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Author : Tanja Schweinberger
language : en
Publisher:
Release Date : 2023

The Return Of International Politics written by Tanja Schweinberger and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023 with categories.

International power competition between the U.S. and China is intensifying as the deterioration of international trade cooperation is ongoing. Especially surrounding the U.S.-China trade war, the bilateral trade imbalance has been vociferously problematised and politicised. I argue that geopolitical concerns shape trade balance views as deficits are seen to limit national power. To gain a better understanding of trade imbalance views, I conduct original survey experiments in China and the U.S. (n=4181). I find that citizens from both countries view trade deficits more negatively than surpluses and that particularly deficits with political competitors are rejected. U.S. respondents who believe that the U.S. will be overtaken by China have more negative views of the bilateral deficit. My findings thus highlight why the trade imbalance is a key point of contention in U.S.-Sino relations. In this context of power gap changes between the U.S. and China, seemingly passé mercantilist ideas are likely to be resuscitated again.

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 Business & Economics 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.