The dynamics of price discovery between the U.S.and Chinese soybean market:a wavelet approach to understanding the effects of Sino-US trade conflict and COVID-19 pandemic

During geopolitical crises,the price stability of agricultural commodities is critical for national security.Understanding the dynamics of pricing power between the U.S.and China and how it varies over time can help smaller nations navigate unpredictable moments.This study uses a unified framework and wavelet approach to examine soybean price discovery in the U.S.and China from the standpoints of price interdependence and information flows.We begin by illustrating the integrated link between the soybean futures markets in the U.S.and China,which includes multiple structural breaks.The pricing difference between the two nations acts as the primary information spillover route for their integrated relationship.Furthermore,we show that the direction and degree of information spillover change dramatically in proportion to the strength of the U.S.–Chinese soybean interaction.Finally,we find that China’s recent retaliatory tax on the U.S.soybeans gave the Chinese market a more powerful position in soybean futures price discovery.After the first-stage trade deal was reached,and during the epidemic phase of the coronavirus pandemic,the pricing power of the U.S.soybean market showed no signs of full recovery.

Recalculating Sino-US Trade Balance Using the Ownership-Based Statistical Method

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.

Impact of Sino-US Trade Agreement on Chinese Legal System about Intellectual Property Rights

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.

Impact of Sino-US Trade Friction on Import and Export Trade Pattern of Soybean in Heilongjiang

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.

BUILDING UP AN OCEAN-CROSSING BRIDGE FOR SINO-US TRADE-To mark the 20th anniversary of Liulinhai's voyage to port Seattle, USA

It is April 18th again,an unforgettable date for us. 20 Vears ago, liulinhai from China Ocean Shipping Company(COSCO), the first cargo ship anchored at Seattle. It ushered in a new chapter and therefore bullt up an ocean-crossing bridge of Sino-US shipping business. Over the past 20 yearS,ships of COSCO. which shuttled between China and the United States, carrying friendship between the two countries and best wishes for peace and development, promoted greatly the Sino-US trade.

Research on Rebalance of Economic Globalization and Sino-US Trade Friction

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.

Global Production Sharing and Sino-US Trade Relations

This paper examines Sino-US trade relations, focusing on the ongoing process of global production sharing, involving splitting of the production process into discrete activities that are then allocated across countries, and the resulting trade complementarities between the two countries in world manufacturing trade. The results suggest that the Sino--US trade imbalance is basically a structural phenomenon resulting from the pivotal role played by China as the final assembly centre in East Asia-centered global production networks.

The future of global trade in the presence of the Sino-US trade war

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.

Research and Analysis of the Sino-US Agricultural Trade in Current Decade

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.

Adhering to Opening-up is the Key to Solve Sino-US Economic and Trade Problems

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.

Influence of Sino-US Agricultural Trade on China’s Total Agricultural Output Value Based on Cointegration Model

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.

Spatial Pattern and Influencing Factors of China’s Digital Trade Resilience under the Impact of Trade Frictions

In the era of the digital economy,digital trade has demonstrated strong vitality,becoming a crucial driving force for the highquality development of national and regional economies.However,understanding the resilience of digital trade in the face of external crises is an important topic.Taking the backdrop of Sino-US trade friction,this paper constructs a resilience index system for digital trade.It utilizes entropy method,kernel density estimation,and ArcGIS mapping to calculate and visually analyze the resilience of China’s digital trade from 2017 to 2021.Additionally,a Tobit model is constructed to explore the main influencing factors of digital trade resilience patterns.The research findings indicate:1)temporally,during the period of Sino-US trade friction,China’s digital trade resilience shows an overall upward trend,but there are regional differences in resilience levels across the country,with a severe polarization phenomenon.2)Spatially,high resilience is observed in the eastern and central regions of China,while the western and northeastern regions exhibit low resilience.3)From a dimensional perspective,the resistance of digital trade resilience displays a spatial distribution of high values in the east and low values in the west.The recovery force is aggregated along coastal areas,and the renewal force tends to aggregate along the eastern coastline.4)Factors such as economic scale,industrial structure,urbanization rate,government fiscal expenditure,and technological talents significantly promote the enhancement of digital trade resilience.This study reveals the dynamic characteristics and influencing factors of digital trade resilience in responding to external shocks,providing theoretical basis and policy suggestions for enhancing digital trade resilience,and promoting high-quality economic development in China.

African Trade Beads

First crafted and worn 120,000 years ago,beads began as adornments made from natural materials such as stones,shells,and wood.Over time,they evolved in purpose,serving as currency and burial offerings.

A Trade War With No Winners

US President-elect Donald Trump is set to ignite new trade wars with some other countries,including China.His announcement on social media on 25 November 2024 that he would impose additional tari"s on goods from China,Canada,and Mexico came as no surprise.

Foreign Trade Hits New High

China’s foreign trade hit a record high in total value in 2024 as the world’s second-largest economy further consolidated its top position globally in goods trade.The nation’s total goods imports and exports in yuan terms reached about$6.1 trillion last year,up 5 percent year on year,according to data released on 13 January by the General Administration of Customs(GAC).

Comparative Research on Sino-US Agricultural Innovation Model in Science and Technology

This research was conducted to provide a comparative analysis of China's and US's agricultural innovation in science and technology and offer some guidance on the construction of agricultural innovation system in science and technology in China. The countermeasures are proposed with a hope to shorten China's and US's gap of agricultural innovation in science and technology by analyzing agricultural innovation model features in science and technology of the United States. The advantages of United States model of agricultural innovation in science and technology include sound legal framework safeguard, complete scientific and technological innovation system, high quality and talented personnel, sufficient technical development and extension funding, and extensive applications of modern agricultural high-tech. There is a gap in agricultural innovation between China and the United States. Agriculture innovation in science and technology in China should improve in several aspects such as agricultural legislation, construction of sound agricultural innovation system in science and technology, building first-class agricultural innovation and extension teams, establishing diversified channels for investment, and improving the applications of high technology in agriculture.

An Analysis of Pragmatic Strategy on Sino-US Business Negotiation from the Adaptation Theory

Since China joins in WTO,its economic activities with America become more frequent. With the help of Adaptation Theory,the thesis mainly discusses on the application of adaptation strategy to Sino-US business negotiations from two ways,communicative context and language structure of adaptability. According to communicative context,the thesis states the extra linguistic factors in Sino-US negotiations,such as the mental world,the social world and the physical world of Sino-US negotiators. What's more,The thesis also discuss adaptation to language structure,such as,sound,word and syntactic structure.