The looming of a vindictive spirit owing to dishevelled trade relations amidst China and the US seems to be near.Never has it been so apparent than now.The US has had itself as the largest economy on the world stage a...The looming of a vindictive spirit owing to dishevelled trade relations amidst China and the US seems to be near.Never has it been so apparent than now.The US has had itself as the largest economy on the world stage and China’s attempt at shuffling this incumbency has led the US to open a tariff fire on Chinese imports.The tariff brawl appears to be not settling anytime soon as the retaliatory measures are swelling incessantly.Being the two largest economies of the world,giving in for disengaging trade with each other is bound to have a ripple effect on the global system of trade.Where the detesting to barrier-free trade on the part of the US and China are certain to inflict pain upon both countries,it might come as a benefit for other countries.This research explores the movement in global trade springing out of the Sino-US trade war.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
Marxist political economy provides a perspective for grasping the root cause of the China-US trade war.The international relations of production,which stem from the international division of labor,shape the distributi...Marxist political economy provides a perspective for grasping the root cause of the China-US trade war.The international relations of production,which stem from the international division of labor,shape the distribution of international economic interests and the political status of countries.Traditionally,developing countries have been subjected to the“periphery”in the international division of labor.In the new global value chain,developing countries have remained in a subordinate position characterized by“technological-market”dependence.To achieve the goal of building a strong modern nation,China must escape the“technological-market”dependence.Yet China’s efforts and achievements in escaping dependent development are deemed as a threat to US vested interests in the international markets.To preserve the economic foundation of its hegemony,the US has resorted to a trade war to contain China’s development.展开更多
China has a large population, so the supply of agricultural products is very essential, and agricultural trade plays an important role. According to the data from the United Nations’ commodity trade, the rate of agri...China has a large population, so the supply of agricultural products is very essential, and agricultural trade plays an important role. According to the data from the United Nations’ commodity trade, the rate of agricultural products trade development between China and the United States is declining since 2012, and China has kept perennial trade disadvantage for a long period of time. In order to change the current trade situation, we must make in-depth analysis on the two countries’ agricultural products trade status and their characteristics, thus target to development of trade strategy. This paper first introduces the current imbalance situation of the agricultural trade between China and the United States, then analyzes the causes of trade imbalance and its impact. Finally, some relevant countermeasures are putting forward, such as expanding the scale of the economy and agriculture;narrowing the gap between international and domestic regions and improving the quality and safety of agricultural products.展开更多
Using the trade statistical method based on asset ownership,this paper recalculated Sino-US bilateral trade volume and the result indicates that against traditional trade statistics,Chinese exports to the US reduced b...Using the trade statistical method based on asset ownership,this paper recalculated Sino-US bilateral trade volume and the result indicates that against traditional trade statistics,Chinese exports to the US reduced by an average of 51%while Chinese imports from the US increased by an average of 41%between 2004 and 2010.Balance of trade is in the range between US$2,189 billion of deficit and US$12.77 billion of surplus on the part of China,which are far smaller than the balance of Sino-US trade calculated by traditional statistical method.In order to reflect the real scale of China's foreign trade and effectively respond to Sino-US trade frictions,it is necessary for China to establish its trade statistics system based on asset ownership.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
The new round of Sino-US high-level economic and trade consultations has been concluded.This is the 13th round of negotiations since the wide acceleration of economic and trade frictions between China and US.
On January 15,2020,the representatives of Sino-US trade signed Phase I Economic and Trade Agreement Between the Government of the People’s Republic of China and the Government of the United States of America in Washi...On January 15,2020,the representatives of Sino-US trade signed Phase I Economic and Trade Agreement Between the Government of the People’s Republic of China and the Government of the United States of America in Washington,which symbolizes the temporary settlement of two-year Sino-US trade war in relatively peaceful method and lays a good foundation in mutual trust for subsequent Phase II negotiation.This Agreement includes eight chapters involving Sino-US economic and trade and is called the model of the international bilateral agreement by virtue of its wide field and rigorous details.The impact of clauses about intellectual property rights on China’s current legal system and the future revision direction of China’s relevant laws for conformance with the Agreement will be discussed emphatically so that the author can rapidly understand the impact and significance of Sino-US trade agreement to Chinese law.展开更多
The Trump administration's hostile trade actions against China since the beginning of this year violate World Trade Organization rules. To protect the free trade world economic system, China has stood up to fight ...The Trump administration's hostile trade actions against China since the beginning of this year violate World Trade Organization rules. To protect the free trade world economic system, China has stood up to fight this trade bullying. When the US administration continued with harsher actions, the escalation in trade friction increased the potential harm for both countries. China has been very clear that Trump's trade tariffs cannot improve the bilateral trade imbalance. Tit-for-tat ought to be a last resort but China is open to talking. Now the ball is in Trump's court. As two big,influential economies, China and the US should calm down and go back to negotiating table to avoid a trade war trap. Bullying is only one approach President Trump can choose, but arbitrary threats are no solution.展开更多
Since 2018,the Trump administra-tion has imposed 25% tariffs on Chinese goods worth 50 billion US dollars and 10%tariffs on 200 billion US dollars of Chinese goods on the grounds of the US huge trade deficit with Chin...Since 2018,the Trump administra-tion has imposed 25% tariffs on Chinese goods worth 50 billion US dollars and 10%tariffs on 200 billion US dollars of Chinese goods on the grounds of the US huge trade deficit with China,China's infringements onUS intellectual property rights,and unfair competition from China.The US has launched an unprecedented tradewar with China by imposing tariffs.展开更多
The 2024 election is a pivotal and highly contested event in the United States.Donald Trump is expected to compete against Joe Biden without any doubts.A potential return of Trump to the White House would likely cause...The 2024 election is a pivotal and highly contested event in the United States.Donald Trump is expected to compete against Joe Biden without any doubts.A potential return of Trump to the White House would likely cause significant reactions in East Asia,particularly among the three major countries in the region.This analysis will explore the detailed implications of Trump’s return.展开更多
文摘The looming of a vindictive spirit owing to dishevelled trade relations amidst China and the US seems to be near.Never has it been so apparent than now.The US has had itself as the largest economy on the world stage and China’s attempt at shuffling this incumbency has led the US to open a tariff fire on Chinese imports.The tariff brawl appears to be not settling anytime soon as the retaliatory measures are swelling incessantly.Being the two largest economies of the world,giving in for disengaging trade with each other is bound to have a ripple effect on the global system of trade.Where the detesting to barrier-free trade on the part of the US and China are certain to inflict pain upon both countries,it might come as a benefit for other countries.This research explores the movement in global trade springing out of the Sino-US trade war.
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This study is funded by Major Research Program on Philosophy and Social Sciences of Jiangsu Education Department(The Education of Marxism International View in Colleges and Universities for a New Era,No.2022SJZDSZ001)Green Research Program of Nanjing University of Aeronautics and Astronautics(China-US Science and Technology Competition from the Perspective of Marxism,No.1023-YAH21032).
文摘Marxist political economy provides a perspective for grasping the root cause of the China-US trade war.The international relations of production,which stem from the international division of labor,shape the distribution of international economic interests and the political status of countries.Traditionally,developing countries have been subjected to the“periphery”in the international division of labor.In the new global value chain,developing countries have remained in a subordinate position characterized by“technological-market”dependence.To achieve the goal of building a strong modern nation,China must escape the“technological-market”dependence.Yet China’s efforts and achievements in escaping dependent development are deemed as a threat to US vested interests in the international markets.To preserve the economic foundation of its hegemony,the US has resorted to a trade war to contain China’s development.
文摘China has a large population, so the supply of agricultural products is very essential, and agricultural trade plays an important role. According to the data from the United Nations’ commodity trade, the rate of agricultural products trade development between China and the United States is declining since 2012, and China has kept perennial trade disadvantage for a long period of time. In order to change the current trade situation, we must make in-depth analysis on the two countries’ agricultural products trade status and their characteristics, thus target to development of trade strategy. This paper first introduces the current imbalance situation of the agricultural trade between China and the United States, then analyzes the causes of trade imbalance and its impact. Finally, some relevant countermeasures are putting forward, such as expanding the scale of the economy and agriculture;narrowing the gap between international and domestic regions and improving the quality and safety of agricultural products.
基金General Program of National Social Sciences Fund "Development and Application Research for theModel of Estimating the Structure of Sino-US Trade Interests(Approval No.13BJL055)"
文摘Using the trade statistical method based on asset ownership,this paper recalculated Sino-US bilateral trade volume and the result indicates that against traditional trade statistics,Chinese exports to the US reduced by an average of 51%while Chinese imports from the US increased by an average of 41%between 2004 and 2010.Balance of trade is in the range between US$2,189 billion of deficit and US$12.77 billion of surplus on the part of China,which are far smaller than the balance of Sino-US trade calculated by traditional statistical method.In order to reflect the real scale of China's foreign trade and effectively respond to Sino-US trade frictions,it is necessary for China to establish its trade statistics system based on asset ownership.
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.
文摘The new round of Sino-US high-level economic and trade consultations has been concluded.This is the 13th round of negotiations since the wide acceleration of economic and trade frictions between China and US.
文摘On January 15,2020,the representatives of Sino-US trade signed Phase I Economic and Trade Agreement Between the Government of the People’s Republic of China and the Government of the United States of America in Washington,which symbolizes the temporary settlement of two-year Sino-US trade war in relatively peaceful method and lays a good foundation in mutual trust for subsequent Phase II negotiation.This Agreement includes eight chapters involving Sino-US economic and trade and is called the model of the international bilateral agreement by virtue of its wide field and rigorous details.The impact of clauses about intellectual property rights on China’s current legal system and the future revision direction of China’s relevant laws for conformance with the Agreement will be discussed emphatically so that the author can rapidly understand the impact and significance of Sino-US trade agreement to Chinese law.
文摘The Trump administration's hostile trade actions against China since the beginning of this year violate World Trade Organization rules. To protect the free trade world economic system, China has stood up to fight this trade bullying. When the US administration continued with harsher actions, the escalation in trade friction increased the potential harm for both countries. China has been very clear that Trump's trade tariffs cannot improve the bilateral trade imbalance. Tit-for-tat ought to be a last resort but China is open to talking. Now the ball is in Trump's court. As two big,influential economies, China and the US should calm down and go back to negotiating table to avoid a trade war trap. Bullying is only one approach President Trump can choose, but arbitrary threats are no solution.
文摘Since 2018,the Trump administra-tion has imposed 25% tariffs on Chinese goods worth 50 billion US dollars and 10%tariffs on 200 billion US dollars of Chinese goods on the grounds of the US huge trade deficit with China,China's infringements onUS intellectual property rights,and unfair competition from China.The US has launched an unprecedented tradewar with China by imposing tariffs.
文摘The 2024 election is a pivotal and highly contested event in the United States.Donald Trump is expected to compete against Joe Biden without any doubts.A potential return of Trump to the White House would likely cause significant reactions in East Asia,particularly among the three major countries in the region.This analysis will explore the detailed implications of Trump’s return.
