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
With the development of science and technology, informationization and economic globalization are developing faster and faster, and their impact on the world's economy and trade is also growing. The United States ...With the development of science and technology, informationization and economic globalization are developing faster and faster, and their impact on the world's economy and trade is also growing. The United States started the rebalancing strategy with tax reform as the starting point, and had large-scale trade frictions with China. How to avoid economic and trade frictions and promote sustainable economic development has become an important issue facing all countries. Although the economic and trade relations between the two countries are generally in a stable state, the friction in the trade field between the two countries exists in every stage of their economic and trade cooperation from beginning to end. The occurrence of trade friction not only affects the development of bilateral trade and regional economic development, but also may lead to a worldwide economic crisis. This paper analyzes the new forms of trade friction faced by the two countries under economic globalization through the friction between China and the United States in trade. With a view to promoting the sound development of trade between the two countries.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
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.
文摘With the development of science and technology, informationization and economic globalization are developing faster and faster, and their impact on the world's economy and trade is also growing. The United States started the rebalancing strategy with tax reform as the starting point, and had large-scale trade frictions with China. How to avoid economic and trade frictions and promote sustainable economic development has become an important issue facing all countries. Although the economic and trade relations between the two countries are generally in a stable state, the friction in the trade field between the two countries exists in every stage of their economic and trade cooperation from beginning to end. The occurrence of trade friction not only affects the development of bilateral trade and regional economic development, but also may lead to a worldwide economic crisis. This paper analyzes the new forms of trade friction faced by the two countries under economic globalization through the friction between China and the United States in trade. With a view to promoting the sound development of trade between the two countries.
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.
