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Author: Kerry Liu Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
A trade war between China and the US has been looming since March 2018, and effectively started on 6 July. A key to this dispute is the 'Made in China 2025' plan, which aims to greatly improve the competitiveness of Chinese manufacturing industry and enable China to become the world's manufacturing powerhouse. This study examines the present state of Chinese manufacturing, including its size, structure and problems. It explains Made in China 2025, its background, and the chances of its success. It concludes that the importance of Made in China 2025 for the future of the Chinese economy means it will be very difficult for China to make substantial concessions during a trade war.
Author: Kerry Liu Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
A trade war between China and the US has been looming since March 2018, and effectively started on 6 July. A key to this dispute is the 'Made in China 2025' plan, which aims to greatly improve the competitiveness of Chinese manufacturing industry and enable China to become the world's manufacturing powerhouse. This study examines the present state of Chinese manufacturing, including its size, structure and problems. It explains Made in China 2025, its background, and the chances of its success. It concludes that the importance of Made in China 2025 for the future of the Chinese economy means it will be very difficult for China to make substantial concessions during a trade war.
Author: Guoyong Liang Publisher: Taylor & Francis ISBN: 1000165027 Category : Business & Economics Languages : en Pages : 113
Book Description
An unprecedented trade war broke out between the world’s two largest economies in 2018 and escalated subsequently. It is the first major economic conflict to occur in the era of globalization, with its aftermath going far beyond trade. The trade war weighs heavily on China and the United States and threatens the world economy and the global trading system. This book provides a timely account of the China–US trade war with insights into its causes and consequences. Examining through the lenses of both history and theory, it analyzes the context and causes of the trade war, the intertwined processes of tariff combat and trade negotiations, and the impacts on international trade, foreign direct investment, macroeconomic performance and firm behaviour. It also addresses the long-term strategic and geopolitical implications of the ongoing trade and economic confrontation. This book will appeal to those interested in international economics and politics, global governance and development.
Author: Li Sheng Publisher: Springer Nature ISBN: 9813348976 Category : Business & Economics Languages : en Pages : 191
Book Description
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.
Author: Yuqing Xing Publisher: World Scientific ISBN: 9811229643 Category : Business & Economics Languages : en Pages : 214
Book Description
In less than three decades, China has emerged as the world's largest exporting nation with more than $2 trillion exports annually. China's quick rise as a leading exporter in the world is an unprecedented miracle. There are many theories explaining this miracle. This book adopts the global value chain (GVC) approach to analyze the Chinese export miracle over the last four decades. It focuses on the tasks rather than the gross export value and emphasizes the organizations of modern trade rather than the national comparative advantage. The GVC approach systematically explains how, in less than four decades China has evolved from a closed economy to the world's No. 1 exporting nation; why China, a developing country, has exported more high-technology products than labor-intensive products to the US; and why almost half of the US trade deficit has originated from China.The book identifies three spillover effects of GVCs that originated from brands, technology and product innovation, and distribution and retail networks of GVCs lead firms. It argues that China's deep integration with GVCs has been a decisive factor for China's emergence as the world's No.1 exporting nation and the champion of high-technology exports. In addition, this book uses iPhone trade and the operation of Apple, the largest factory-less American manufacturer, to explain how current trade statistics exaggerate China's exports to and its trade surplus with the US on the one hand, and underestimate US exports on the other hand.By using the experience of the Chinese mobile phone industry, the book argues that the GVC strategy can be a short-cut for developing countries to achieve industrialization and enable firms of developing countries to enter high-technology sectors despite their intrinsic disadvantages. At this end, the book also discusses the future trajectory of China-centered GVCs under the shadow of the US-China trade war and the COVID-19 pandemic.
Author: Etel Solingen Publisher: Cambridge University Press ISBN: 110883356X Category : Business & Economics Languages : en Pages : 321
Book Description
An accessible overview of political, economic, and strategic dimensions of global supply chains in a changing global political economy.
Author: Winston W. Chang Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
China has been touted as a unique success story in development economics. The world financial crisis of 2007--2010 impacted China severely. Its GDP growth slowed, corporate debts piled up, equity markets became volatile, the renminbi weakened, and its forex reserves shrank in the face of capital flight. This paper analyzes the policymakers' approaches in coping with the recent external shocks to the economy noted for having rigid economic structures (such as the trilemma problem and privatization issues). It discusses the tough balancing act facing the policymakers and the various reform options, including capital flow liberalization and structural reform. Finally, the paper discusses the U.S.-China trade war.
Author: Miaojie Yu Publisher: Springer ISBN: 9789811537875 Category : Business & Economics Languages : en Pages : 274
Book Description
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.
Author: Winter Nie Publisher: AMACOM Div American Mgmt Assn ISBN: 0814431704 Category : Business & Economics Languages : en Pages : 305
Book Description
The ômade in Chinaö label has long dominated the lower end of the US manufacturing industry, effectively squeezing it out of existence. That's old news. What most people don't know is that China's global reach now extends much further. Chinese companies have entered higher-end marketsùtechnology, financial services, transportation, energyùand are emerging as powerhouse multinationals. In the Shadow of the Dragon is a meticulously researched exposT of the most competitive companies in China. Based on interviews with Chinese business leaders and original case studies, the book provides: ò Profiles of key players ò Insights into subtle yet powerful strategies used to gain market dominance ò An understanding of the Chinese approach to going global ò Analysis of the Chinese way of innovation ò Advice on competing head-to-head or forming alliances with Chinese partners Part primer, part survival guide, In the Shadow of the Dragon is the first book to lay bare the challenges looming ahead.
Author: Leona Shao-Zhi Li Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
How do de-globalization events affect corporate innovation decisions? By exploiting tariff variations during the U.S.-China trade war as a quasi-natural experiment, we find that the escalation of U.S. tariffs is associated with a relative increase in corporate expenditure on research and development by listed Chinese manufacturing companies. Through a novel approach that infers the degree of competitive pressure from textual analyses of company annual reports, we identify an induced competition mechanism and provide evidence that aligns with escape-competition motives. The marginal treatment effect is more pronounced for firms initially in neck-to-neck competition industries. This is among the pioneering studies to examine the impact of adverse foreign trade shocks on innovation responses in the source country, thus contributing with scholarly and policy implications in a period of de-globalization.
Author: Guoyong Liang Publisher: ISBN: 9780367535704 Category : BUSINESS & ECONOMICS Languages : en Pages : 104
Book Description
"An unprecedented trade war broke out between the world's two largest economies in 2018 and escalated subsequently. It is the first major economic conflict happened in the era of globalization, with its aftermath going far beyond trade. The trade war weighs heavily on China and the United States and threatens the world economy and the global trading system. This book provides a timely account of the US-China trade war with insights into its causes and consequences. Examining through the lenses of both history and theory, it analyses the context and causes of the trade war, the intertwined processes of tariff combat and trade negotiations, and the impacts on international trade, foreign direct investment, macroeconomic performance and firm behaviour. It also addresses the long-term strategic and geopolitical implications of the ongoing trade and economic confrontation. The book will appeal to those interested in international economics and politics, global governance and development"--
Author: Kerry Liu
Author: Kerry Liu
Author: Guoyong Liang
Author: Li Sheng
Author: Yuqing Xing
Author: Etel Solingen
Author: Winston W. Chang
Author: Miaojie Yu
Author: Winter Nie
Author: Leona Shao-Zhi Li
Author: Guoyong Liang