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The China Us Trade War And South Asian Economies

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Author by : Rahul Nath Choudhury
Languange Used : en
Release Date : 2021-03-07
Publisher by : Taylor & Francis

ISBN : 9781000352467

The USA and China, the world’s largest economic powers, have been engaging in trade war since January 2018. The impact of this trade war is felt not only by US and China but also by other economies who have economic ties with them. This book provides insights into damages caused by this trade war. The first section of the book looks at the impact of the trade war on the global economy. It goes deeper to examine the trade war impact on the South Asian region. It is well-known that any imposition of new tariffs or an increase in existing tariffs would make imports more costly and render the exported goods less competitive. Yet, the book posits that the trade war has provided a window of opportunity to other countries not caught in it. The South Asian region, with countries like Bangladesh, India and Sri Lanka, has actually reaped benefits from the widening trade dispute between the world’s two biggest economies. This book will be a useful reference to help policymakers to undertake informed decisions and initiate programs to minimise the trade war impact....

The China Us Trade War And South Asian Economies

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Author by : Rahul Nath Choudhury
Languange Used : en
Release Date : 2021-03-07
Publisher by : Routledge

ISBN : 9781000352481

The China U S Trade War And Future Economic Relations

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Author by : Lawrence J. Lau
Languange Used : en
Release Date : 2018-12-14
Publisher by : The Chinese University Press

ISBN : 9789882371125

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)...

Geopolitics Supply Chains And International Relations In East Asia

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Author by : Etel Solingen
Languange Used : en
Release Date : 2021-05-06
Publisher by : Cambridge University Press

ISBN : 9781108833561

An accessible overview of political, economic, and strategic dimensions of global supply chains in a changing global political economy....

The Impact Of The Us China Conflict As A World Power On Sri Lanka

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Author by : kushan lakshitha
Languange Used : en
Release Date : 2022
Publisher by :

ISBN : OCLC:1375386978

South Asia can be described as a sub-geographical region in the Asian region. Eight countries in South Asia. They are Sri Lanka, India, Pakistan, Bangladesh, Bhutan, Maldives and Afghanistan. The South Asian region has been a fertile ground for a long time and the eyes of the European nations have been drawn to it since ancient times. The situation is the same today. Today, the states that have been identified as superpowers are turning their attention to South Asia. With the end of the Cold War came the arrival of a new world order. Accordingly, we now live in a multi-world pattern. There we can identify the trade war between the superpowers as a new trend in world politics. The trade war between China and the United States has already heated up the world. This study paper will help you understand the economic impact of the trade war between China and the United States on the South Asian states. The concepts of the Thucydian trap and the Hobsian trap in political science are used to carry on that discourse. This educational paper was made with the help of secondary data....

The United States China And Southeast Asian Security

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Author by : W. Bert
Languange Used : en
Release Date : 2002-12-10
Publisher by : Springer

ISBN : 9780230501355

China's growing economy and military power may allow it to challenge US influence in East and Southeast Asia. Wayne Bert examines the likelihood of this and the impact it would have on Southeast Asian security. The approach taken by both the US and China will affect the outcome of this struggle and both the Southeast Asian commitment to economic growth and the development of regional institutions will encourage peaceful evolution and a power transition that avoids major conflict....

Asia After The Miracle

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Author by : Selig S. Harrison
Languange Used : en
Release Date : 1998
Publisher by :

ISBN : UOM:39015042088016

The Asian economic "meltdown" that began in 1997 has demonstrated the urgent need for a post-cold war reappraisal of U.S. policy priorities in this critical region.American policy rests on the premise that the United States does not have to choose between economic and security priorities in Asia, because the American military presence is valued by regional powers in its own right. But is this premise justified?This timely book presents mini-debates on the key issues facing the United States in Asia, together with the recommendations of an Economic Strategy Institute Study Group composed of leading scholars, businessmen, diplomats, and military leaders with Asian experience. Among the wide-ranging recommendations are controversial proposals for a gradual disengagement of U.S. combat forces from Japan and Korea. The sixteen specialists who debate U.S. policy options in background papers prepared for the Study Group present conflicting perspectives on U.S. interests in China, Japan, Korea, Taiwan, Southeast Asia, and South Asia.In a policy-challenging Overview, editors Selig S. Harrison and Clyde V. Prestowitz, Jr., focus on the impact of the cold war on U.S. economic relations with Asia today, and on the diminishing need for the forward deployment of U.S. forces resulting from improvements in U.S. airlift and sealift capabilities.The contributors are Doug Bandow, Barry Bosworth, Ted Galen Carpenter, James Clad, Rear Adm. Eugene Carroll, Jr., Charles W. Freeman, Jr., Chalmers Johnson, Geoffrey Kemp, Paul H. Kreisberg, Nicholas R. Lardy, Martin L. Lasater, Mike Masato Mochizuki, William J. Taylor, Ezra Vogel, Allen S. Whiting, and Jeffrey Winters.Selig S. Harrison is a senior scholar of the Woodrow Wilson International Center for Scholars and a fellow of The Century Foundation. His many books on U.S. relations with Asia include The Widening Gulf: Asian Nationalism and U.S. Policy. Clyde V. Prestowitz, Jr., is president of the Economic Strategy Institute and former counselor to the Secretary of Commerce. He is the author of Trading Places: How We Allowed Japan to Take the Lead....

China Us Relations Transformed

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Author by : Suisheng Zhao
Languange Used : en
Release Date : 2007-12-21
Publisher by : Routledge

ISBN : 9781134071081

China’s emergence in the 21st century to the status of great power has significant implications for its relationship with the United States, the sole superpower in the post-Cold War World. Now that China is rising as an economic, political, and military power and has expanded its diplomatic activism beyond Asia into Europe, Latin America, Africa, and the Middle East, its rise has profoundly transformed its relationship with the US and compelled leaders in both countries to redefine their positions toward each other. This book, written by leading scholars and policy analysts from both the US and China, explores the transformation and multifaceted nature of US-China relations, including how the political elite in both countries have defined their strategic objectives in response to China’s rise and managed their relations accordingly. It provides an up-to-date analysis on the policy adjustments of the last decade, and covers all the important issue areas such as security, nuclear deterrence, military modernization, energy, trade and economic interaction, and Asia-Pacific power reconfiguration. It does not seek to confirm either an alarmist or optimistic position but presents different views and assessments by foreign policy specialists with the hope that leaders in Washington and Beijing may make positive adjustments in their policies to avoid confrontation and war. It will also be an invaluable resource for students and scholars of US and Chinese politics, international relations and comparative politics....

China Us Trade War And Trade Talk

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Author by : Miaojie Yu
Languange Used : en
Release Date : 2020-05-26
Publisher by : Springer Nature

ISBN : 9789811537851

This book focuses on the current tension between China and the US on trade imbalance and discusses China’s opening-up strategy in the context of this trade conflict. The book is divided into two parts. In the first part, the author presents a detailed analysis of the current state of the China-US trade relationship and describes the potential impacts of China-US trade conflicts. The topics covered in this section include the re-estimate of US trade deficit with China, China’s non-market economy status, the impact of China-US bilateral investment treaties on China’s manufacturing sectors, and the estimated welfare losses and gains resulting from the China-US trade war. Part II explores China’s possible response and development strategy in the context of de-globalization. Based on an overview of China’s three stages of economic reform and opening-up policy in the past four decades, the author discusses the future tasks that would move the country into a new stage of all-round opening up. Lastly, the book comprehensively reviews the role of processing trade, trade liberalization, and firm performance in promoting China’s miraculous economic growth so as to foster a better understanding of China’s experience of opening up over the past 4 decades....

U S Southeast Asia Trade Relations In An Age Of Disruption

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Author by : Brian Harding
Languange Used : en
Release Date : 2019
Publisher by :

ISBN : OCLC:1110653011

The U.S.-Southeast Asia trade relationship is critical for the both sides. Collectively, Southeast Asia is expected to become the fourth largest economy in the world by 2050 and is already the fourth largest export market for the United States, supporting hundreds of thousands of U.S. jobs. The U.S. and Southeast Asian economies are highly complementary, creating significant and widespread benefits for both sides. The U.S.-Southeast Asia trade relationship faces challenges from the absence of U.S. participation in multilateral trade arrangements, the direct and indirect effects of U.S-China trade friction, and uncertainty created by the Trump administration’s abrupt break from longstanding U.S. trade policy. In the near-term, ASEAN will continue to integrate and establish norms and standards without the United States having a seat at the table, which will have particularly important consequences for U.S. integration into Southeast Asia’s digital economy....