Trade friction between China and US have escalated,commodities involved in China-US trade is being affected.China is important import and export market for fragrance and flavor.The United States is the third largest i...Trade friction between China and US have escalated,commodities involved in China-US trade is being affected.China is important import and export market for fragrance and flavor.The United States is the third largest importer and the largest exporter of China’s fragrance and flavor commodities.This round of tariff increasing has important impact on China’s fragrance and flavor trade.In the review,development of China’s fragrance and flavor industry and the situation of their imports and exports,especially trade between China and US,are briefly introduced;focusing on the tariff increasing of fragrance and flavor products between the two countries,the impact of trade friction to the industry is anticipated.展开更多
Under the background of Sino-US trade friction,soybean,as an important variety in the important and export trade of agricultural products,has become a key bargaining chip. After the Ministry of Commerce of China annou...Under the background of Sino-US trade friction,soybean,as an important variety in the important and export trade of agricultural products,has become a key bargaining chip. After the Ministry of Commerce of China announced the counter list of agricultural products including soybean,the price fluctuations of domestic soybean and related agricultural products are rapidly expanding. Under the background of SinoUS trade friction,taking the soybean-producing areas in Heilongjiang as an example,the impact of Sino-US trade friction on the important and export pattern of soybean in Heilongjiang was explored to provide a certain theoretical basis for the development of soybean industry in Heilongjiang.展开更多
In March 2018,the US used an immense trade deficit as an excuse to provoke trade friction with China.This study uses the EGARCH model and event study methods to study the impact of the major risk event of Sino-US trad...In March 2018,the US used an immense trade deficit as an excuse to provoke trade friction with China.This study uses the EGARCH model and event study methods to study the impact of the major risk event of Sino-US trade friction on soybean futures markets in China and the United States.Results indicate that the Sino-US trade friction weakened the return spillover effect between the soybean futures markets in China and the US,and significantly increased market volatilities.As the scale of additional tariffs increased,the volatility of the Chinese soybean futures market declined;however,the volatility of the US soybean futures market did not weaken.In addition,expanding the sources of soybean imports helped ease the impact of tariffs on China's soybean futures market,while the decline in US soybean exports to China intensified the volatility of the US soybean futures market.In addition,while the release of multiple tariff increases has had a short-termimpact on the returns of soybean futures markets,the impact of trade friction has grad-ually decreased.展开更多
文摘Trade friction between China and US have escalated,commodities involved in China-US trade is being affected.China is important import and export market for fragrance and flavor.The United States is the third largest importer and the largest exporter of China’s fragrance and flavor commodities.This round of tariff increasing has important impact on China’s fragrance and flavor trade.In the review,development of China’s fragrance and flavor industry and the situation of their imports and exports,especially trade between China and US,are briefly introduced;focusing on the tariff increasing of fragrance and flavor products between the two countries,the impact of trade friction to the industry is anticipated.
基金Supported by Tianjin Third National Agricultural Census Project (TJ2016NP023)
文摘Under the background of Sino-US trade friction,soybean,as an important variety in the important and export trade of agricultural products,has become a key bargaining chip. After the Ministry of Commerce of China announced the counter list of agricultural products including soybean,the price fluctuations of domestic soybean and related agricultural products are rapidly expanding. Under the background of SinoUS trade friction,taking the soybean-producing areas in Heilongjiang as an example,the impact of Sino-US trade friction on the important and export pattern of soybean in Heilongjiang was explored to provide a certain theoretical basis for the development of soybean industry in Heilongjiang.
基金supported by the National Natural Science Foundation of China[71873022].
文摘In March 2018,the US used an immense trade deficit as an excuse to provoke trade friction with China.This study uses the EGARCH model and event study methods to study the impact of the major risk event of Sino-US trade friction on soybean futures markets in China and the United States.Results indicate that the Sino-US trade friction weakened the return spillover effect between the soybean futures markets in China and the US,and significantly increased market volatilities.As the scale of additional tariffs increased,the volatility of the Chinese soybean futures market declined;however,the volatility of the US soybean futures market did not weaken.In addition,expanding the sources of soybean imports helped ease the impact of tariffs on China's soybean futures market,while the decline in US soybean exports to China intensified the volatility of the US soybean futures market.In addition,while the release of multiple tariff increases has had a short-termimpact on the returns of soybean futures markets,the impact of trade friction has grad-ually decreased.
