During its rise as a world power, the United States(U.S.) adopted a traditional form of mercantilism, and most US politicians followed a protectionist approach. From the end of the Civil War to the eve of World War I,...During its rise as a world power, the United States(U.S.) adopted a traditional form of mercantilism, and most US politicians followed a protectionist approach. From the end of the Civil War to the eve of World War I, the United States blazed a new trail of industrial development and implemented protective policies such as high tariffs. This historical tradition has had a profound influence on some current US politicians. After the collapse of the Bretton Woods system, the United States developed a new form of mercantilism, as manifested in the emergence of nontariff barriers instead of tariff barriers to restrict imports and protect domestic industries and employment. Although export regulations have avoided affecting the technology industry, they have led to hefty trade deficits for the United States. National interests have prevailed in U.S. decision-making and have influenced its choices to accede to or walk away from international organizations or treaties. The dollar's hegemony has played a pivotal role in U.S. economic policymaking. These factors have led to the twin deficits in the U.S. economy, i.e. a trade deficit and a fiscal deficit. The real intention of the United States in waging a trade war against China is to maintain and even strengthen the dollar's hegemony and the U.S.' international predominance.展开更多
According to the data of the total trade of agricultural products between China and the United States from 2009 to 2018 and the general description of agriculture in China,this paper adopts the method of econometric m...According to the data of the total trade of agricultural products between China and the United States from 2009 to 2018 and the general description of agriculture in China,this paper adopts the method of econometric model to make a detailed analysis of the agricultural trade between China and the United States by using cointegration analysis,Granger causality test and error correction model in order to explore the impact of agricultural trade between China and the United States on China’s agricultural development. The results of empirical analysis show that there is a balanced relationship between the trade of agricultural products between China and the United States and the development of agriculture in China. The total trade of agricultural products between China and the United States affects the development of China’s agriculture.In addition,in the short term,if the short-term fluctuation deviates from the long-term equilibrium,then the error correction term will reverse it with strength of 0. 378,so that the non-equilibrium state will gradually return to the equilibrium state.展开更多
to further regulate the export of high-energy-consumption and high-pollution products and resources products, promote the import of energy products, resource products and key components and facilitate the trade balanc...to further regulate the export of high-energy-consumption and high-pollution products and resources products, promote the import of energy products, resource products and key components and facilitate the trade balance, and approved by the 9th meeting of tariff regulations commission of the state council, china would adjust the import and export tariff rate of some commodities since june 1st, 2007.展开更多
Exports head toward growth In the Jan.-Jul. 2010 period, China’s textile and garment exports to the United States amounted to $18.979 billion, up 29.66 percent y/y, slightly increasing by 1.17 percentage points from ...Exports head toward growth In the Jan.-Jul. 2010 period, China’s textile and garment exports to the United States amounted to $18.979 billion, up 29.66 percent y/y, slightly increasing by 1.17 percentage points from the growth rate of the Jan.展开更多
Chinese textile companies might see Thursday--the first day of 2009--as the beginning of an unfettered era of free trade,but the outlook is clouded by weakening demand and rising protectionism amid the financial crisi...Chinese textile companies might see Thursday--the first day of 2009--as the beginning of an unfettered era of free trade,but the outlook is clouded by weakening demand and rising protectionism amid the financial crisis. Many textile companies cut exports to the lowest level in recent years.Some even failed to use up the quotas acquired before the third quarter.Shrinking orders in the fourth quarter and dim prospects for the year 2009 would mean a"tight"year for textile makers.This report contains information on the export status of original US quota-展开更多
Policy flexibility to absorb external shocks China seems to be striving for the best but preparing for the worst in dealing with the trade stand-off with the US.The tariff truce agreed by both countries at G20 indicat...Policy flexibility to absorb external shocks China seems to be striving for the best but preparing for the worst in dealing with the trade stand-off with the US.The tariff truce agreed by both countries at G20 indicates motivation to reach a trade deal.China has committed to further liberalization and protection of IP to prevent supply chain relocations due to protracted trade friction.Pragmatists in the Trump administration appear to have gained the upper hand for the moment as worries about a fading fiscal stimulus and higher tariffs are causing a slump in the stock market.However,a deal is anything but assured.展开更多
The paper refers to literatures to show how the state mitigates the effects of market failures in foreign trade.The research study leads to the conclusion that state interventions are necessary in creating administrat...The paper refers to literatures to show how the state mitigates the effects of market failures in foreign trade.The research study leads to the conclusion that state interventions are necessary in creating administrative and legal conditions for facilitating trade exchange in the context of the role of transnational corporations in the global economy,as well as in reducing the adverse impact of international turbulences on the competitiveness of national entities through the use of export supporting instruments.展开更多
After 40 years of reform and opening up,China is now the world second largest economy,next to the United States.China's GDP has experienced exponential growth over the past decades,successfully breaking the barrie...After 40 years of reform and opening up,China is now the world second largest economy,next to the United States.China's GDP has experienced exponential growth over the past decades,successfully breaking the barriers of a centrally-planned and closed economy to evolve to a modern,dynamic and progressive manufacturing and exporting hub of the world.展开更多
While the world eagerly awaits a resolution to the ongoing trade dispute between China and the United States, the increased tariffs in May were a result of a breakdown in negotiations that further mitigated the chance...While the world eagerly awaits a resolution to the ongoing trade dispute between China and the United States, the increased tariffs in May were a result of a breakdown in negotiations that further mitigated the chance that an agreement can be reached soon. While further meetings are taking place between top officials from both nations, it is expected that the dispute will affect the global economy for the remainder of 2019.展开更多
基金funded by the National Social Sciences Fund (NSSF) project “Study on U.S. Mercantilist Tradition and New Forms of Mercantilism (Approval No. 17BJL021)”
文摘During its rise as a world power, the United States(U.S.) adopted a traditional form of mercantilism, and most US politicians followed a protectionist approach. From the end of the Civil War to the eve of World War I, the United States blazed a new trail of industrial development and implemented protective policies such as high tariffs. This historical tradition has had a profound influence on some current US politicians. After the collapse of the Bretton Woods system, the United States developed a new form of mercantilism, as manifested in the emergence of nontariff barriers instead of tariff barriers to restrict imports and protect domestic industries and employment. Although export regulations have avoided affecting the technology industry, they have led to hefty trade deficits for the United States. National interests have prevailed in U.S. decision-making and have influenced its choices to accede to or walk away from international organizations or treaties. The dollar's hegemony has played a pivotal role in U.S. economic policymaking. These factors have led to the twin deficits in the U.S. economy, i.e. a trade deficit and a fiscal deficit. The real intention of the United States in waging a trade war against China is to maintain and even strengthen the dollar's hegemony and the U.S.' international predominance.
文摘According to the data of the total trade of agricultural products between China and the United States from 2009 to 2018 and the general description of agriculture in China,this paper adopts the method of econometric model to make a detailed analysis of the agricultural trade between China and the United States by using cointegration analysis,Granger causality test and error correction model in order to explore the impact of agricultural trade between China and the United States on China’s agricultural development. The results of empirical analysis show that there is a balanced relationship between the trade of agricultural products between China and the United States and the development of agriculture in China. The total trade of agricultural products between China and the United States affects the development of China’s agriculture.In addition,in the short term,if the short-term fluctuation deviates from the long-term equilibrium,then the error correction term will reverse it with strength of 0. 378,so that the non-equilibrium state will gradually return to the equilibrium state.
文摘to further regulate the export of high-energy-consumption and high-pollution products and resources products, promote the import of energy products, resource products and key components and facilitate the trade balance, and approved by the 9th meeting of tariff regulations commission of the state council, china would adjust the import and export tariff rate of some commodities since june 1st, 2007.
文摘Exports head toward growth In the Jan.-Jul. 2010 period, China’s textile and garment exports to the United States amounted to $18.979 billion, up 29.66 percent y/y, slightly increasing by 1.17 percentage points from the growth rate of the Jan.
文摘Chinese textile companies might see Thursday--the first day of 2009--as the beginning of an unfettered era of free trade,but the outlook is clouded by weakening demand and rising protectionism amid the financial crisis. Many textile companies cut exports to the lowest level in recent years.Some even failed to use up the quotas acquired before the third quarter.Shrinking orders in the fourth quarter and dim prospects for the year 2009 would mean a"tight"year for textile makers.This report contains information on the export status of original US quota-
文摘Policy flexibility to absorb external shocks China seems to be striving for the best but preparing for the worst in dealing with the trade stand-off with the US.The tariff truce agreed by both countries at G20 indicates motivation to reach a trade deal.China has committed to further liberalization and protection of IP to prevent supply chain relocations due to protracted trade friction.Pragmatists in the Trump administration appear to have gained the upper hand for the moment as worries about a fading fiscal stimulus and higher tariffs are causing a slump in the stock market.However,a deal is anything but assured.
文摘The paper refers to literatures to show how the state mitigates the effects of market failures in foreign trade.The research study leads to the conclusion that state interventions are necessary in creating administrative and legal conditions for facilitating trade exchange in the context of the role of transnational corporations in the global economy,as well as in reducing the adverse impact of international turbulences on the competitiveness of national entities through the use of export supporting instruments.
文摘After 40 years of reform and opening up,China is now the world second largest economy,next to the United States.China's GDP has experienced exponential growth over the past decades,successfully breaking the barriers of a centrally-planned and closed economy to evolve to a modern,dynamic and progressive manufacturing and exporting hub of the world.
文摘While the world eagerly awaits a resolution to the ongoing trade dispute between China and the United States, the increased tariffs in May were a result of a breakdown in negotiations that further mitigated the chance that an agreement can be reached soon. While further meetings are taking place between top officials from both nations, it is expected that the dispute will affect the global economy for the remainder of 2019.