The trade relationship between China and the USA has become increasingly important to the economies of both countries. The recent trade conflicts and friction between China and the USA constitute obstacles in the way ...The trade relationship between China and the USA has become increasingly important to the economies of both countries. The recent trade conflicts and friction between China and the USA constitute obstacles in the way of US-Chinese bilateral trade relationship development, which is of considerable concern to both countries. Through an in-depth analysis of the political process of US trade policy towards China, the present paper identifies the important determinants of US trade policy towards China. The influence of US trade policy on the trade relationship between the USA and China is assessed and implications for the trade relationship between the USA and China are discussed.展开更多
The Asia-Pacific Free Trade Area （FTAAP） has become a topic of focus since the proposal was first raised in 2004. The present paper considers China＇s policy towards the FTAAP from apolitical economy perspective by ...The Asia-Pacific Free Trade Area （FTAAP） has become a topic of focus since the proposal was first raised in 2004. The present paper considers China＇s policy towards the FTAAP from apolitical economy perspective by probing the gains, impediments and concerns for China, and makes judgments based on several possible scenarios. The author argues that from an economic perspective, China would benefit from joining the FTAAP both in a static and a dynamic manner because both its main trade partners and trade barriers in export markets are concentrated in the Asia-Pacific region. However, whether the Chinese Government is likely to support the initiative is largely dependent on certain crucial political and diplomatic elements, including the APEC approach, US-Chinese relations, quality of treaty, sensitive sectors, competitive proposal of alternative and membership of Chinese Taipei. Therefore, if the Chinese Government cannot ratify the ideology and terms of the initiative, or issues that are central to China＇s interests are not addressed, the FTAAP will only remain a proposal possessing economic possibility in the long run, without political feasibility in the near term.展开更多
The trade war between the USA and China has shocked many across the world.A disruption to the interdependence of the two largest economies seemed unfathomable.However,in an effort to thwart China’s economic practices...The trade war between the USA and China has shocked many across the world.A disruption to the interdependence of the two largest economies seemed unfathomable.However,in an effort to thwart China’s economic practices and boost the US economy,President Trump’s administration levied tariffs on Chinese imports shortly after taking office,moving US foreign economic policy from liberalism,practiced for decades,to protectionism.China has retaliated,and the trade war continues today.With conceptual insights from the nationalism literature,we explore the nationalist roots of the trade war from both the US and Chinese perspectives.In the USA,the Trump administration’s plan to achieve energy autonomy,decrease reliance on foreign resources,and reinvigorate the manufacturing sector has led to protectionist policies,the othering of China,and hence the trade war.Although reluctant to enter the conflict,China has rebuffed the USA,resisting and counterattacking US actions,owing to a long-felt sense of persecution in the global space and an eagerness to participate fully,and lead in some issue areas,in international affairs.The conflict continues into the COVID-19 era,marked by US scapegoating of China and hits to economic performance.Until both sides are convinced they have achieved their goals,or the USA undergoes an administration change,the conflict will likely continue.展开更多
文摘The trade relationship between China and the USA has become increasingly important to the economies of both countries. The recent trade conflicts and friction between China and the USA constitute obstacles in the way of US-Chinese bilateral trade relationship development, which is of considerable concern to both countries. Through an in-depth analysis of the political process of US trade policy towards China, the present paper identifies the important determinants of US trade policy towards China. The influence of US trade policy on the trade relationship between the USA and China is assessed and implications for the trade relationship between the USA and China are discussed.
基金The paper is a revised version based on the contribution to the APEC/ABAC/PECC Project on "The Feasibility of the Free Trade Area of the Asia-Pacific" (2006).
文摘The Asia-Pacific Free Trade Area （FTAAP） has become a topic of focus since the proposal was first raised in 2004. The present paper considers China＇s policy towards the FTAAP from apolitical economy perspective by probing the gains, impediments and concerns for China, and makes judgments based on several possible scenarios. The author argues that from an economic perspective, China would benefit from joining the FTAAP both in a static and a dynamic manner because both its main trade partners and trade barriers in export markets are concentrated in the Asia-Pacific region. However, whether the Chinese Government is likely to support the initiative is largely dependent on certain crucial political and diplomatic elements, including the APEC approach, US-Chinese relations, quality of treaty, sensitive sectors, competitive proposal of alternative and membership of Chinese Taipei. Therefore, if the Chinese Government cannot ratify the ideology and terms of the initiative, or issues that are central to China＇s interests are not addressed, the FTAAP will only remain a proposal possessing economic possibility in the long run, without political feasibility in the near term.
文摘The trade war between the USA and China has shocked many across the world.A disruption to the interdependence of the two largest economies seemed unfathomable.However,in an effort to thwart China’s economic practices and boost the US economy,President Trump’s administration levied tariffs on Chinese imports shortly after taking office,moving US foreign economic policy from liberalism,practiced for decades,to protectionism.China has retaliated,and the trade war continues today.With conceptual insights from the nationalism literature,we explore the nationalist roots of the trade war from both the US and Chinese perspectives.In the USA,the Trump administration’s plan to achieve energy autonomy,decrease reliance on foreign resources,and reinvigorate the manufacturing sector has led to protectionist policies,the othering of China,and hence the trade war.Although reluctant to enter the conflict,China has rebuffed the USA,resisting and counterattacking US actions,owing to a long-felt sense of persecution in the global space and an eagerness to participate fully,and lead in some issue areas,in international affairs.The conflict continues into the COVID-19 era,marked by US scapegoating of China and hits to economic performance.Until both sides are convinced they have achieved their goals,or the USA undergoes an administration change,the conflict will likely continue.
