The U.S.-China Bilateral Trade Balance

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ISBN 13 :
Total Pages : 64 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis The U.S.-China Bilateral Trade Balance by : Robert C. Feenstra

Download or read book The U.S.-China Bilateral Trade Balance written by Robert C. Feenstra and published by . This book was released on 1998 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper has two aims. The first is to reduce the range within which the true U.S.-China bilateral trade deficit lies. The second is to identify the determinants of the bilateral trade deficit and offer an assessment of their relative importance. We calculate a smaller range of values for the bilateral trade deficit than in previous studies, due to a new estimation method that takes advantage of our access to detailed Chinese Customs data at the commodity level. For example, the revised US-China bilateral trade deficit is $15 billion to $20 billion in 1994, and $16 billion to $22 billion in 1995, compared to the official range of $8 billion to $30 billion, and $9 billion to $34 billion, respectively. The widening of the US-CHINA bilateral trade deficit in recent years reflected many factors. In our opinion, the two chief factors are (i) macroeconomic forces in the US and China moving in opposite direction, causing their respective overall trade balance to move in opposite directions; and (ii) the accelerated relocation of production of US imports from East Asia to China.

The China-United States Bilateral Trade Balance

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ISBN 13 :
Total Pages : 34 pages
Book Rating : 4.:/5 (321 download)

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Book Synopsis The China-United States Bilateral Trade Balance by : Kwok Chiu Fung

Download or read book The China-United States Bilateral Trade Balance written by Kwok Chiu Fung and published by . This book was released on 1997 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:

New Estimates of the United States-China Bilateral Trade Balances

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Publisher :
ISBN 13 :
Total Pages : 34 pages
Book Rating : 4.:/5 (321 download)

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Book Synopsis New Estimates of the United States-China Bilateral Trade Balances by : Kwok Chiu Fung

Download or read book New Estimates of the United States-China Bilateral Trade Balances written by Kwok Chiu Fung and published by . This book was released on 1999 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Geopolitics, Supply Chains, and International Relations in East Asia

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Publisher : Cambridge University Press
ISBN 13 : 110883356X
Total Pages : 321 pages
Book Rating : 4.1/5 (88 download)

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Book Synopsis Geopolitics, Supply Chains, and International Relations in East Asia by : Etel Solingen

Download or read book Geopolitics, Supply Chains, and International Relations in East Asia written by Etel Solingen and published by Cambridge University Press. This book was released on 2021-05-06 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: An accessible overview of political, economic, and strategic dimensions of global supply chains in a changing global political economy.

Adjusting Chinese Bilateral Trade Data

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ISBN 13 :
Total Pages : 46 pages
Book Rating : 4.3/5 (121 download)

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Book Synopsis Adjusting Chinese Bilateral Trade Data by : John W. Schindler

Download or read book Adjusting Chinese Bilateral Trade Data written by John W. Schindler and published by . This book was released on 2005 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The China-U.S. Trade War and Future Economic Relations

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Publisher : The Chinese University Press
ISBN 13 : 9882371124
Total Pages : 216 pages
Book Rating : 4.8/5 (823 download)

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Book Synopsis The China-U.S. Trade War and Future Economic Relations by : Lawrence J. Lau

Download or read book The China-U.S. Trade War and Future Economic Relations written by Lawrence J. Lau and published by The Chinese University Press. This book was released on 2018-12-14 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: The relation between China and the United States is arguably the most important bilateral relation in the world today. The U.S. and China are respectively the largest and the second largest economies in the world. They are also respectively the largest and the second largest trading nations in the world as well as each other’s most important trading partner. If China and the U.S. work together as partners towards a common goal, many things are possible. However, there exist significant friction and potential conflict in their economic relations. The large and persistent U.S.-China bilateral trade deficit is one of the problems. It is essential to know the true state of the China-U.S. trade balance before effective solutions can be devised to narrow the trade surplus or deficit. The impacts and potential impacts of the 2018 trade war between China and the U.S. on the two economies are analysed and discussed. The longterm forces that underlie the economic relations between the two countries beyond the 2018 trade war are examined. In this connection, how a “new type of major-power relation” between the two countries can help to keep the competition friendly and avert a war between them is explored. ~~~~~~~~ Lawrence J. Lau’s timely The China-U.S. Trade War and Future Economic Relations is full of careful analysis, penetrating insight and helpful suggestions from the world’s preeminent economist on this relationship. —Michael J. Boskin Tully M. Friedman Professor of Economics, Stanford University Former Chair, U.S. President’s Council of Economic Advisers This sober and systematic study of U.S.-China trade relations and of technological development in the two countries is particularly timely. Lawrence Lau is one of the world’s foremost economists working on these issues. —Dwight H. Perkins Harold Hitchings Burbank Professor of Political Economy, Emeritus Former Chair, Department of Economics, Harvard University This is a timely and penetrating analysis of the China-U.S. trade and economic relations, from its origins to its impacts and to a way forward. —Yingyi Qian Chairman of the Council, Westlake University Former Dean, School of Economics and Management, Tsinghua University Counsellor of the State Council, People’s Republic of China Lawrence Lau’s book on the current U.S.-China trade war is insightful, balanced and comprehensive; rich in data on trade, investment, science and technology. It is essential reading for anyone who wants to get past the headlines. —A. Michael Spence Nobel Laureate in Economic Sciences (2001) Senior Fellow, The Hoover Institution, Stanford University Lawrence Lau brings light in the form of rigorous honest fact-based economic analysis to a subject where most of the discussion has been heated bluster, false claims, and political rhetoric. —Lawrence H. Summers Former U.S. Secretary of the Treasury; Former President, Harvard University There is no topic more important, or more timely, or more urgent, than the China-U.S. trade war. Professor Lau is the ideal person to write about the implications of the China-U.S. trade war and the proposed resolution. —Tung Chee-Hwa Vice-Chairman, Chinese People’s Political Consultative Conference National Committee Chairman, China-U.S. Exchange Foundation The history of Sino-American relations, to a great extent, has been a shared history. Lawrence Lau’s timely and penetrating study will tell us it is still in best interest for both countries if they continue to pursue a shared journey and destination instead of parting ways. —Xu Guoqi Kerry Group Professor in Globalization History, The University of Hong Kong Author of Chinese and Americans: A Shared History This beautifully composed book uses nontechnical language to unravel the intricacies of the 2018 U.S.-China trade war, together with its long-term impact. I learned a lot from reading it. —Chen-Ning Yang Nobel Laureate in Physics (1957)

The China - United States Bilateral Trade Balance

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ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis The China - United States Bilateral Trade Balance by : K. C. Fung

Download or read book The China - United States Bilateral Trade Balance written by K. C. Fung and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: There are huge discrepancies between the official Chinese and U.S. estimates of the bilateral trade balance. The discrepancies are caused by different treatments accorded to re-exports through Hong Kong, re-export markups, and trade in services. Deficit-shifting between China, on the one hand, and Hong Kong and Taiwan, on the other, due to direct investment in China from Taiwan and Hong Kong, is partly responsible for the growth in the China - United States bilateral trade deficit. The 1995 China - United States bilateral balance of trade in goods and services, adjusted by both re-exports and re-export markups, may be estimated as US$23.3 billion, a large deficit but considerably smaller than the often-cited official U.S. figure of US$33.8 billion.

On Sino-US Trade Balance

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Publisher :
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4.3/5 (243 download)

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Book Synopsis On Sino-US Trade Balance by :

Download or read book On Sino-US Trade Balance written by and published by . This book was released on 1997 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Teh U.S.-China Bilateral Trade Balance

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Publisher :
ISBN 13 :
Total Pages : 47 pages
Book Rating : 4.:/5 (476 download)

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Book Synopsis Teh U.S.-China Bilateral Trade Balance by : Robert C. Feenstra

Download or read book Teh U.S.-China Bilateral Trade Balance written by Robert C. Feenstra and published by . This book was released on 1998 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt:

U.S.-China trade issues after the WTO and the PNTR deal

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Publisher : Hoover Press
ISBN 13 : 9780817943837
Total Pages : 32 pages
Book Rating : 4.9/5 (438 download)

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Book Synopsis U.S.-China trade issues after the WTO and the PNTR deal by :

Download or read book U.S.-China trade issues after the WTO and the PNTR deal written by and published by Hoover Press. This book was released on with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

China's Trade with the United States and the World

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ISBN 13 :
Total Pages : 45 pages
Book Rating : 4.:/5 (229 download)

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Book Synopsis China's Trade with the United States and the World by : Thomas Lum

Download or read book China's Trade with the United States and the World written by Thomas Lum and published by . This book was released on 2007 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt:

China-United States Trade

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ISBN 13 :
Total Pages : 176 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis China-United States Trade by : Barton V. Celone

Download or read book China-United States Trade written by Barton V. Celone and published by . This book was released on 2008 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: U.S.-China economic ties have expanded substantially over the past several years. Total U.S.-China trade, which totaled only $5 billion in 1980, rose to $343 billion in 2006. China is also now the 2nd largest U.S. trading partner, its 2nd largest source of U.S. imports, and its 4th largest export market. With a huge population and a rapidly expanding economy, China is a potentially huge market for U.S. exporters. However, economic relations have become strained over a number of issues, including China's large and growing trade surpluses with the United States; its failure to fully implement its World Trade Organization (WTO) commitments, especially in regards to intellectual property rights (IPR); its refusal to adopt a floating currency system; and its maintenance of industrial policies and other practices deemed unfair and/or harmful to various U.S. economic sectors. China is a major supplier of consumer products (such as toys), and an increasingly important supplier of various food products. Reports of unsafe seafood, pet food, toys, tires, and other products imported from China over the past year have raised concern in the United States over the health, safety, and quality of imported Chinese products. This book presents important analyses which deal in part with whether the US economy would seriously falter with a substantial decrease in trade activity with China.

U.S.-China Trade

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Publisher : Nova Science Publishers
ISBN 13 : 9781626185388
Total Pages : 0 pages
Book Rating : 4.1/5 (853 download)

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Book Synopsis U.S.-China Trade by : Josephine A. Gonzalez

Download or read book U.S.-China Trade written by Josephine A. Gonzalez and published by Nova Science Publishers. This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: U.S.-China economic ties have expanded substantially over the past three decades. Total U.S.-China trade rose from $5 billion in 1981 to an estimated $503 billion in 2011, and is projected to reach $539 billion in 2012. China is currently the United States' second-largest trading partner, its third-largest export market, and its biggest source of imports. Because U.S. imports from China have risen much more rapidly than U.S. exports to China, the U.S. merchandise trade deficit has grown from $10 billion in 1990 to $296 billion in 2011, and is projected to reach $311 billion in 2012. The rapid pace of economic integration between China and the U.S., while benefiting both sides overall, has made the trade relationship increasingly complex. This book provides an overview of U.S.-China trade relations, surveys major trade disputes, and lists bills introduced in Congress that could affect bilateral commercial ties.

China's Growing Role in World Trade

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Publisher : University of Chicago Press
ISBN 13 : 0226239721
Total Pages : 603 pages
Book Rating : 4.2/5 (262 download)

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Book Synopsis China's Growing Role in World Trade by : Robert C. Feenstra

Download or read book China's Growing Role in World Trade written by Robert C. Feenstra and published by University of Chicago Press. This book was released on 2010-03-10 with total page 603 pages. Available in PDF, EPUB and Kindle. Book excerpt: In less than three decades, China has grown from playing a negligible role in international trade to being one of the world's largest exporters, a substantial importer of raw materials, intermediate outputs, and other goods, and both a recipient and source of foreign investment. Not surprisingly, China's economic dynamism has generated considerable attention and concern in the United States and beyond. While some analysts have warned of the potential pitfalls of China's rise—the loss of jobs, for example—others have highlighted the benefits of new market and investment opportunities for US firms. Bringing together an expert group of contributors, China's Growing Role in World Trade undertakes an empirical investigation of the effects of China's new status. The essays collected here provide detailed analyses of the microstructure of trade, the macroeconomic implications, sector-level issues, and foreign direct investment. This volume's careful examination of micro data in light of established economic theories clarifies a number of misconceptions, disproves some conventional wisdom, and documents data patterns that enhance our understanding of China's trade and what it may mean to the rest of the world.

U.s. - China Trade

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Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781977939326
Total Pages : 46 pages
Book Rating : 4.9/5 (393 download)

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Book Synopsis U.s. - China Trade by : United States Government Accountability Office

Download or read book U.s. - China Trade written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-10-05 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: China is the largest destination for U.S. exports outside North America and also the source of the largest U.S. bilateral trade deficit. The countries engage in two high-level dialogues to address trade barriers and cross-cutting economic issues. These are the JCCT, co-led for the United States by Commerce and USTR, and the economic track of the S&ED, led by Treasury. GAO was asked to review China's bilateral trade commitments made in these dialogues. This report (1) describes trade and investment commitments China has made at the JCCT and S&ED; (2) describes U.S. agency tracking of China's implementation of these commitments; and (3) evaluates U.S. agency reporting on implementation. GAO analyzed documents, including public fact sheets stating commitments; interviewed officials, industry representatives, and other experts; used a structured process to categorize commitments; and reviewed reports officials identified as reporting implementation status of commitments.

China's Trade with the United States and the World

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Publisher :
ISBN 13 : 9781549878268
Total Pages : 51 pages
Book Rating : 4.8/5 (782 download)

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Book Synopsis China's Trade with the United States and the World by : U. S. US CONGRESS

Download or read book China's Trade with the United States and the World written by U. S. US CONGRESS and published by . This book was released on 2017-10-02 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: China runs a trade surplus with the world's three major economic centers -- theUnited States, the European Union, and Japan. Since 2000, the United States hasincurred its largest bilateral trade deficit with China ($201 billion in 2005, a 25% riseover 2004). In 2003, China replaced Mexico as the second largest source of importsfor the United States. China's share of U.S. imports was 14.6% in 2005, althoughthis proportion still falls short of Japan's 18% of the early 1990s. The United Statesis China's largest overseas market and second largest source of foreign directinvestment on a cumulative basis. U.S. exports to China have been growing rapidlyas well, although from a low base. In 2004, China replaced Germany and the UnitedKingdom to become the fourth largest market for U.S. goods and remains the fastestgrowing major U.S. export market. China is purchasing heavily from its Asiantrading partners -- particularly precision machinery, electronic components, and rawmaterials for manufacturing. China is running trade deficits with Taiwan and SouthKorea and has become a major buyer of goods from Japan and Southeast Asia.

The Return of International Politics

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ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (139 download)

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Book Synopsis The Return of International Politics by : Tanja Schweinberger

Download or read book The Return of International Politics written by Tanja Schweinberger and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: International power competition between the U.S. and China is intensifying as the deterioration of international trade cooperation is ongoing. Especially surrounding the U.S.-China trade war, the bilateral trade imbalance has been vociferously problematised and politicised. I argue that geopolitical concerns shape trade balance views as deficits are seen to limit national power. To gain a better understanding of trade imbalance views, I conduct original survey experiments in China and the U.S. (n=4181). I find that citizens from both countries view trade deficits more negatively than surpluses and that particularly deficits with political competitors are rejected. U.S. respondents who believe that the U.S. will be overtaken by China have more negative views of the bilateral deficit. My findings thus highlight why the trade imbalance is a key point of contention in U.S.-Sino relations. In this context of power gap changes between the U.S. and China, seemingly passé mercantilist ideas are likely to be resuscitated again.