China-US Trade War and Trade Talk PDF Download

Author: Miaojie Yu
Publisher: Springer Nature
ISBN: 9811537852
Category : Business & Economics
Languages : en
Pages : 268

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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: Thomas Weir Pauken Ii
Publisher: World Scientific
ISBN: 9811204160
Category : Political Science
Languages : en
Pages : 343

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Book Description
'The author has skilfully distilled a sea of data into a readable book on the current US-China trade spats … A valuable resource for those wishing to untangle the present complicated economic relationship between China and the US.'CHOICEUS 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.Related Link(s)

Author: Paul Blustein
Publisher: McGill-Queen's Press - MQUP
ISBN: 1928096867
Category : Business & Economics
Languages : en
Pages : 249

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Book Description
China's entry into the World Trade Organization (WTO) in 2001 was heralded as historic, and for good reason: the world's most populous nation was joining the rule-based system that has governed international commerce since World War II. But the full ramifications of that event are only now becoming apparent, as the Chinese economic juggernaut has evolved in unanticipated and profoundly troublesome ways. In this book, journalist Paul Blustein chronicles the contentious process resulting in China's WTO membership and the transformative changes that followed, both good and bad - for China, for its trading partners, and for the global trading system as a whole. The book recounts how China opened its markets and underwent far-reaching reforms that fuelled its economic takeoff, but then adopted policies - a cheap currency and heavy-handed state intervention - that unfairly disadvantaged foreign competitors and circumvented WTO rules. Events took a potentially catastrophic turn in 2018 with the eruption of a trade war between China and the United States, which has brought the trading system to a breaking point. Regardless of how the latest confrontation unfolds, the world will be grappling for decades with the challenges posed by China Inc.

Author: Stewart Paterson
Publisher: London Publishing Partnership
ISBN: 1907994823
Category : Business & Economics
Languages : en
Pages : 175

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Book Description
From a Western point of view, the policy of economic engagement with China has failed. A rapid rise in living standards in China has helped legitimize and strengthen the Chinese Communist Party’s power. How did Western, market-orientated, property-owning, liberal democracies go from being in a position of complete global hegemony in the early 1990s to the current crisis of confidence and loss of moral foundation? This book tells the story of the most successful trading nation of the early twenty-first century. It looks at how the Communist Party of China has retained and cemented its monopoly on political power since China’s accession to the World Trade Organization in December 2001. It is the most extraordinary economic success story of our time and it has reshaped the geopolitics not just of Asia but of the world. As China has come to dominate global manufacturing, its economic power has been translated into political power, and the West now has a global rival that is politically antithetical to liberal values. The supply-side deflation from allowing 750 million low-cost workers into the global trading system combined with the policy of inflation targeting by Western central banks has led to falling real incomes for many in the West and rising asset prices that have benefited the few. Worse still, China’s mercantilist model is now held up as a viable economic alternative. To have a fighting chance of protecting the freedoms of liberal democracies, it is of the utmost importance that we understand how the policy of indulgent engagement with China has affected Western society in recent years. Only then can the global trading system be reoriented for the mutual benefit of all nations.

Author: Arthur R. Kroeber
Publisher: Oxford University Press
ISBN: 0190946490
Category : Business & Economics
Languages : en
Pages : 465

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Book Description
China's economic growth has been revolutionary, and is the foundation of its increasingly prominent role in world affairs. It is the world's second biggest economy, the largest manufacturing and trading nation, the consumer of half the world's steel and coal, the biggest source of international tourists, and one of the most influential investors in developing countries from southeast Asia to Africa to Latin America. Multinational companies make billions of dollars in profits in China each year, while traders around the world shudder at every gyration of the country's unruly stock markets. Perhaps paradoxically, its capitalist economy is governed by an authoritarian Communist Party that shows no sign of loosening its grip. China is frequently in the news, whether because of trade disputes, the challenges of its Belt and Road initiative for global infrastructure, or its increasing military strength. China's political and technological challenges, created by a country whose political system and values differ dramatically from most of the other major world economies, creates uncertainty and even fear. China's Economy: What Everyone Needs to Know® is a concise introduction to the most astonishing economic and political story of the last three decades. Arthur Kroeber enhances our understanding of China's changes and their implications. Among the essential questions he answers are: How did China grow so fast for so long? Can it keep growing and still solve its problems of environmental damage, fast-rising debt and rampant corruption? How long can its vibrant economy co-exist with the repressive one-party state? How do China's changes affect the rest of the world? This thoroughly revised and updated second edition includes a comprehensive discussion of the origins and development of the US-China strategic rivalry, including Trump's trade war and the race for technological supremacy. It also explores the recent changes in China's political system, reflecting Xi Jinping's emergence as the most powerful leader since Mao Zedong. It includes insights on changes in China's financial sector, covering the rise and fall of the shadow banking sector, and China's increasing integration with global financial markets. And it covers China's rapid technological development and the rise of its global Internet champions such as Alibaba and Tencent.

Author: Yukon Huang
Publisher: Oxford University Press
ISBN: 0190630043
Category : Business & Economics
Languages : en
Pages : 289

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Book Description
China's rise is altering global power relations, reshaping economic debates, and commanding tremendous public attention. Despite extensive media and academic scrutiny, the conventional wisdom about China's economy is often wrong. Cracking the China Conundrum provides a holistic and contrarian view of China's major economic, political, and foreign policy issues. Yukon Huang trenchantly addresses widely accepted yet misguided views in the analysis of China's economy. He examines arguments about the causes and effects of China's possible debt and property market bubbles, trade and investment relations with the Western world, the links between corruption and political liberalization in a growing economy and Beijing's more assertive foreign policies. Huang explains that such misconceptions arise in part because China's economic system is unprecedented in many ways-namely because it's driven by both the market and state- which complicates the task of designing accurate and adaptable analysis and research. Further, China's size, regional diversity, and uniquely decentralized administrative system poses difficulties for making generalizations and comparisons from micro to macro levels when trying to interpret China's economic state accurately. This book not only interprets the ideologies that experts continue building misguided theories upon, but also examines the contributing factors to this puzzle. Cracking the China Conundrum provides an enlightening and corrective viewpoint on several major economic and political foreign policy concerns currently shaping China's economic environment.

Author: Bob Davis
Publisher: HarperCollins
ISBN: 0062953060
Category : Business & Economics
Languages : en
Pages : 441

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Book Description
This is the inside story of the US–China trade war, how relations between these superpowers unraveled, darkening prospects for global peace and prosperity, as told by two Wall Street Journal reporters, one based in Washington, D.C., the other in Beijing, who have had more access to the decision makers in the White House and in China’s Zhongnanhai leadership compound than anyone else. The trade battle between China and the U.S. didn’t start with Trump and won’t end with him, argue Bob Davis and Lingling Wei. The two countries have a long and fraught political and economic history which has become more contentious over the past three years—an escalation that has negatively impacted both countries' economies and the world at large—and holds the potential for even more uncertainty and disruption. How did this stand-off happen? How much are U.S. presidents and officials who haven't effectively confronted or negotiated with China to blame? What role have Chinese leaders, and U.S. business leaders who for decades acted as Beijing’s lobbyists in Washington, played in driving tensions between the two countries? Superpower Showdown is the story of a romance gone bad. Uniquely positioned to tell the story, Davis and Wei have conducted hundreds of interviews with government and business officials in both nations over the seven years they have worked together writing for the Wall Street Journal. Analyzing U.S.–China relations, they explain how we have reached this tipping point, and look at where we could be headed. Vivid and provocative, Superpower Showdown will help readers understand the context of the trade war and prepare them for what may come next.

Author: Lori Ann LaRocco
Publisher:
ISBN: 9780997887150
Category : Transportation
Languages : en
Pages : 208

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Book Description
The multi-front trade war, which started with solar panels and washing machines, quickly expanded to additional battles: the 232 action on Aluminum and Steel imports, Intellectual Property, Autos, and Immigration. As a result, retaliatory tariffs were imposed and the flow of global trade the world once knew was changed. Headlines reporting the China tariffs "on hold," "truces announced" as well as threats of additional tariffs being imposed, continue to feed the uncertainty which would send the markets to historic highs and dramatic selloffs.So how can one get a sense of the true status of trade and the good faith being pledged by countries like China?Through the trade flows!With ninety percent of the world's economy moved by maritime transport, the ocean highway is the best way for anyone to gauge the status of trade talks as well as monitor the flow of trade. Remember, the two phrases your mom said when you were a teen: "talk is cheap" and "actions speak louder than words?" Well, when it comes to the world of shipping, that is the action being taken. Best-selling author Lori Ann LaRocco takes readers inside the world of global trade and shows us: Containers and tankers don't lie.Let's cut through the political rhetoric and see what the tea leaves of maritime are telling us, as well as the strategies some business leaders are employing to navigate the trade wars.

Author: Stephen R. Platt
Publisher: Vintage
ISBN: 0307961745
Category : History
Languages : en
Pages : 609

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Book Description
As China reclaims its position as a world power, Imperial Twilight looks back to tell the story of the country’s last age of ascendance and how it came to an end in the nineteenth-century Opium War. As one of the most potent turning points in the country’s modern history, the Opium War has since come to stand for everything that today’s China seeks to put behind it. In this dramatic, epic story, award-winning historian Stephen Platt sheds new light on the early attempts by Western traders and missionaries to “open” China even as China’s imperial rulers were struggling to manage their country’s decline and Confucian scholars grappled with how to use foreign trade to China’s advantage. The book paints an enduring portrait of an immensely profitable—and mostly peaceful—meeting of civilizations that was destined to be shattered by one of the most shockingly unjust wars in the annals of imperial history. Brimming with a fascinating cast of British, Chinese, and American characters, this riveting narrative of relations between China and the West has important implications for today’s uncertain and ever-changing political climate.

Author: David Dollar
Publisher: Brookings Institution Press
ISBN: 0815738064
Category : Political Science
Languages : en
Pages : 444

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Book Description
How will China reform its economy as it aspires to become the next economic superpower? It's clear that China is the world's next economic superpower. But what isn't so clear is how China will get there by the middle of this century. It now faces tremendous challenges such as fostering innovation, dealing with ageing problem and coping with a less accommodative global environment. In this book, economists from China's leading university and America's best-known think tank offer in depth analyses of these challenges. Does China have enough talent and right policy and institutional mix to transit from input-driven to innovation-driven economy? What does ageing mean, in terms of labor supply, consumption demand and social welfare expenditure? Can China contain the environmental and climate change risks? How should the financial system be transformed in order to continuously support economic growth and keep financial risks under control? What fiscal reforms are required in order to balance between economic efficiency and social harmony? What roles should the state-owned enterprises play in the future Chinese economy? In addition, how will technological competition between the United States and China affect each country's development? Will the Chinese yuan emerge as a major reserve currency, and would this destabilize the international financial system? What will be China's role in the international economic institutions? And will the United States and other established powers accept a growing role for China and the rest of the developing world in the governance of global institutions such as the World Trade Organization and the International Monetary Fund, or will the world devolve into competing blocs? This book provides unique insights into independent analyses and policy recommendations by a group of top Chinese and American scholars. Whether China succeeds or fails in economic reform will have a large impact, not just on China's development, but also on stability and prosperity for the whole world.