16 results
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2. Solar trade tariffs.
- Author
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Abboushi, Suhail
- Subjects
- *
SOLAR energy industries , *INTERNATIONAL trade , *TARIFF , *ENERGY industries , *FOREIGN trade regulation , *INTERNATIONAL economic relations ,CHINA-United States relations - Abstract
Purpose – The purpose of this paper is to survey the growth of solar energy worldwide, analyze US-China trade dispute in the solar industry, and evaluate the merits of US trade tariffs. Design/methodology/approach – The study surveyed archival data, publications by international organizations, government agencies, industry groups, and some academic research papers. Findings – Global demand for solar energy has been rising steadily and is projected to generate growing source of electric power. There is worldwide consensus that public support for solar industry in the development stages is necessary. The US Government provides generous support programs and subsidies to US solar industry. Accordingly, US punitive tariffs against China's solar industry on grounds of government subsidies are of questionable merit. Originality/value – This paper presents a concise profile of global solar energy and evaluates US trade policy toward China. The findings can be of value to government officials as they consider trade policies and their impact on the future of solar energy. [ABSTRACT FROM AUTHOR]
- Published
- 2014
- Full Text
- View/download PDF
3. SINO-CENTRAL ASIAN RELATIONS AND SINO-US RIVALRY IN THE REGION: A STUDY.
- Author
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Javaid, Faisal and Dashti, Asghar Ali
- Subjects
- *
INTERNATIONAL economic relations , *ECONOMIC competition , *POWER resources ,CHINA-United States relations - Abstract
The foreign policy of a country is mostly determined by its geography. The geography compels sovereign states to cultivate relations with their neighboring countries to attain some predetermined interests. Similarly, China has created and maintained quite friendly relations with almost all Central Asian states to fulfill its ever-increasing energy needs and contain the escalating security threat being posed by the assorted terrorist, extremist, militant and separatist groups in the region. Since China is projected to overtake the US in terms of exporting energy resources by 2030, the communist state is striving hard to foster all sorts of ties with the energy-rich the Central Asian states. However, the growing Chinese closeness and affinity with the region have made the US apprehensive of the potential and ominous rise of China which could well dwarf and outclass the US in the regional. Therefore, it has led the US to craft strategies aimed at challenging and obstructing the increasing Chinese engagement with the region. Thus, it has instigated a kind of competition and low-intensity rivalry between the US and China in the region. Such a cut-throat completion would create marvelous opportunities and mounting issues for the regional countries. The article analysis China's economic and defence relations with all the Central Asian countries. It also discusses the escalating Chinese interests and the region's importance for China. In the end, the paper throws light on the impending competition and rivalry between China and the US in the region. [ABSTRACT FROM AUTHOR]
- Published
- 2017
4. The Rise of Neoclassical Economics and China's WTO Agreement with the United States in 1999.
- Author
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Wang, Qingxin K.
- Subjects
- *
NEOCLASSICAL school of economics , *INTERNATIONAL trade , *TRADE regulation , *INTERNATIONAL economic relations ,CHINA-United States relations - Abstract
Drawing on the historical institutionalists' emphasis on the effects of ideas on policy making, this paper focuses on the importance of economic ideas and ideologies on China's trade policy making with regard to the signing of the WTO agreement with the United States in 1999. The paper argues that trade liberalization in China was a result of top Chinese leaders' embrace of neoclassical economic ideas which conceive a small role for the state in the marketplace, mainly as the regulator of the macro-economic environment and as the enforcer of the rule of law, rather than as a major player in the marketplace. Top Chinese leaders' socialization with neoclassical economic ideas enabled them to forge a political consensus to link state-owned enterprise (SOE) reforms with speedy WTO accession and led to China's major concessions in WTO negotiations with the United States in 1999 which were inconceivable just a few years ago. [ABSTRACT FROM AUTHOR]
- Published
- 2011
- Full Text
- View/download PDF
5. Power and its Constraint under Globalization: Interaction and Interdependency among the Chinese Labor, State and the US Market Actors through International Political Economic Connections.
- Author
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Guttman, Reuben A., Kan Wang, and Brown, Earl V.
- Subjects
- *
POWER (Social sciences) , *GLOBALIZATION , *INTERNATIONAL economic relations ,CHINA-United States relations - Abstract
This article studies the relationship between the changing political economy of labor in China and its potential influence over the US market economy through the production and financial connections between the two jurisdictions across the Pacific. At the macro level from the aspect of international political economy, it is argued that globalization has aroused further social changes in China by encouraging internal labor migration, foreign investment and the rule of law, while retrenchment of the party-state faces development from the entrenchment of a globalized civil society movement, along with the internationalized corporate governance and its production structure, which introduces international social and production norms to China, while also delivering the Chinese labor reality to the external world. Meantime, at the enterprise level, widely ignorance of the Chinese labor law and the coalition between the capital and local governments sustain the labor rights violation activities, ranging from employment discrimination against labor migrants, gender inequity at workplace, to deliberate neglects on occupational safety and health. Bad labor treatments partly sponsor the cost subsidies on the global production chain and keep the US inflation at a low level. However, the evolution of the rule of law in China bears the potential to raise the rights consciousness among workers and initiate more industrial actions against the employers. Moreover, joint efforts from the Sino-US civil society and legal practitioners tend to bring the information of law and rights violation in China to the US through shareholder litigation, which targets at MNCs by working with union-controlled pension funds, the media and other stakeholders, so that the US shareholders and consumer movement can realize the labor practices of MNCs and their subcontractors in China and add downward pressure to the stock prices of the listed companies in the US. Therefore, a positive linkage among labor rights in China, union practices and the financial market performance of the MNCs is about to be established, and it can not only influence bad labor treatments under the global production chain, but also contain the power of a decentralized Chinese predatory state over its working population by holding the state behaviors responsible economically, through international financial and product markets. As globalization creates new channels of exploitation, it also offers innovative leverage power over such practices. ..PAT.-Unpublished Manuscript [ABSTRACT FROM AUTHOR]
- Published
- 2008
6. A Competitive Analysis on the Agricultural Products of China and Thailand in the U. S. Market.
- Author
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YAO, Aiping and WAN, Liping
- Subjects
- *
AGRICULTURAL industries , *AGRICULTURAL processing , *PRODUCE trade , *FARM produce , *EXPORT controls , *ECONOMICS , *INTERNATIONAL trade , *INTERNATIONAL economic relations , *ECONOMIC development ,CHINA-United States relations - Abstract
This paper selects China and Thailand as a reference object. Based on the U. S. market, it analyzes the export competitiveness of the agricultural products of China and Thailand by market share and growth rate, measures the agricultural products of China and Thailand export competition degree by export product similarity innex and estimates the agricultural products of China and Thailand export competitiveness strength by shift share method. The results show that: At present, in the U. S. market, the competition of the agricultural products of China and Thailand is fierce, but export growth of China's agricultural products is faster and more competitive. Finally on how to further improve China's agricultural exports competitiveness in the U. S. market and promote China's agricultural export trade to the U. S. it puts forward the related countermeasures and suggestions. [ABSTRACT FROM AUTHOR]
- Published
- 2014
7. Does Chinese investment contribute to the US economy? An analysis of selected US States' growth, employment and exports production.
- Author
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Shah, Syed Hasanat, Li Jun Jiang, and Hasnat, Hafsa
- Subjects
- *
FOREIGN investments , *ECONOMIC development , *EMPLOYMENT , *EXPORTS , *PRODUCTION (Economic theory) , *INTERNATIONAL economic relations ,CHINA-United States relations - Abstract
This paper analyzed the impact and causal relation of outbound Chinese FDI on growth, employment and export performance of 16 selected US States by using Panel data. The contemporaneous panel fixed estimation results shows that the impact of Chinese outbound FDI on the economic growth, employment and export of selected states are insignificant. But the impact of FDI on growth turns positive and significant when interacted with States export to China. Applying heterogeneous panel causality approach on a refined dynamic panel model indicates that Chinese FDI does not cause GDP, exports and employment while the results of reverse causality confirm that US State GDP (market size) cause the inflow of Chinese outbound FDI. The overall impact of Chinese outbound investment, a small portion of the total FDI inflow to the US, varies from conditionally positive to utterly insignificant without any adverse impact on the local economy. [ABSTRACT FROM AUTHOR]
- Published
- 2014
8. US Trade Deficits and Sino-US Relations.
- Author
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Liew, LeongH.
- Subjects
- *
BALANCE of trade , *INTERNATIONAL economic relations , *TWENTY-first century , *FOREIGN exchange ,CHINA-United States relations ,UNITED States economy, 2001-2009 ,UNITED States economic policy ,CHINESE economic policy - Abstract
American politicians and policy makers have blamed China's exchange rate for the large US trade deficits. This paper explains why the USA treats its trade deficits with China as a security issue that have become a source of friction in Sino-US relations. The essay argues that this friction is a useful deflection from the politically difficult policy action needed to remedy the US economy and cannot easily be removed by the Chinese side alone. The structure of global trade and the reality of China's political economy, which forces Chinese leaders to develop policies for a “harmonious society” in the face of growing inequality also makes it difficult for China to respond positively to US pressure on the exchange rate. [ABSTRACT FROM AUTHOR]
- Published
- 2010
- Full Text
- View/download PDF
9. Comment: Trading places? China, the United States and the evolution of the international political economy.
- Author
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Beeson, Mark
- Subjects
- *
INTERNATIONAL economic relations , *STATE capitalism , *SOVEREIGN wealth funds , *GEOPOLITICS ,CHINA-United States relations - Abstract
The remarkable economic rise of China and the recent turmoil in US financial markets inevitably raises questions about the respective fortunes of both countries. This paper assess the relative standing of the US and China by placing their relationship in historical context. It is suggested that China's accession to the WTO marked the highpoint of US influence and ascendancy. Since then, China's position has been steadily improving, something that the recent emergence of its first sovereign wealth fund and its subsequent role in bailing out distressed US financial institutions has dramatically highlighted. If China's form of 'state capitalism' continues to become more influential it will have major consequences for not only the US, but for the extant geopolitical order more generally. [ABSTRACT FROM AUTHOR]
- Published
- 2009
- Full Text
- View/download PDF
10. How Should We Conceive the Continued Resilience of the U.S. Dollar as a Reserve Currency?
- Author
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MORGAN, JAMIE
- Subjects
- *
U.S. dollar , *DEPENDENCY theory (International relations) , *INTERNATIONAL economic relations , *DEFICIT financing , *CURRENCY question , *LIQUIDITY (Economics) , *POLITICAL economic analysis ,UNITED States economy, 2001-2009 ,CHINA-United States relations - Abstract
In the following paper I explore the issue of the dollar as the unofficial reserve currency of the global finance system. I look at arguments for its "resilience" or continued use and how there is an inbuilt mechanism in liberalized capital that tends to reinforce the use of the dollar, and how this is to the advantage of the United States. I then look at the various ways in which the dollar has become increasingly vulnerable as a reserve currency because of the current constitution of the U.S. economy and because of its mutual dependency with China. I also set out how finance and other markets can go into sudden decline because of these vulnerabilities and how the constitution of the markets themselves can exacerbate this. Both of these factors, I argue, are problematic for the system, and provide the basis on which the dollar may ultimately cease to be the unofficial reserve currency. [ABSTRACT FROM AUTHOR]
- Published
- 2009
- Full Text
- View/download PDF
11. Two Diasporas: Overseas Chinese and Non-resident Indians in Their Homelands’ Political Economy.
- Author
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Zhu, Zhiqun
- Subjects
- *
POLITICAL science research , *OVERSEAS Chinese , *DIASPORA , *CHINESE diaspora , *INDIGENOUS peoples of the Americas , *INTERNATIONAL relations , *INTERNATIONAL economic relations ,CHINESE politics & government ,CHINA-United States relations - Abstract
This paper, through a comparative study of the roles Chinese and Indian diasporas in the United States play in the political economy of their respective homelands, explores the relationship between the diaspora and homeland development and how this dynamic relationship contributes to economic growth and foreign relations of the homelands. The author argues that the roles of Indian and Chinese diasporas in their respective homelands’ development consistently reflect, and are heavily influenced by, their homelands’ economic development strategies as well as political history and culture. The author also argues that the impact of the diaspora on the foreign relations of their homelands is conditional upon the state of bilateral relations between their homeland and the country of residence. This study raises issues for future research, such as the relationship between the diaspora and regime type of the homeland. The author concludes by suggesting that since activities of overseas Chinese and non-resident Indians provide a unique perspective in the comparative study of Chinese and Indian political economy, the two diasporas warrant more scholarly and policy attention. [ABSTRACT FROM AUTHOR]
- Published
- 2007
- Full Text
- View/download PDF
12. China, the US and the Security Dimensions of Financial Interdependence.
- Author
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Narine, Shaun
- Subjects
- *
INTERNATIONAL finance , *ECONOMIC development , *INTERNATIONAL security , *INTERNATIONAL economic relations , *INTERNATIONAL conflict ,CHINA-United States relations - Abstract
For the past decade, China has been experiencing phenomenal rates of economic growth. Its continuing development, however, is closely tied to its ability to keep its goods competitive in the international market. Thus, China has kept the value of its currency comparatively low by exporting many of its profits to the industrialized world. In particular, China has used some of its excess financial gain to purchase American treasury instruments and other American dollar assets. This has helped to finance the growing American national debt. China is one of the United State?s major creditors. At the same time that China is helping to artificially maintain the American economy, the US is engaging in security policies which seem to cast China as a threat to American hegemonic power. Considerable time and energy has been spent in the US in evaluating China as a potential threat, and a great deal has been written on how and when the US should respond to this perceived threat. The paradoxical relationship between the US and China is the subject of this paper. In particular, the paper evaluates the mutually-reinforcing economic relationship of the two countries and attempts to evaluate how this affects the evolving security relationship. Theoretically, the paper compares realist and liberal approaches to these questions with more complex constructivist arguments. The paper argues that the US perception of itself as the premiere world power is coming into conflict with the China?s perception of itself as a relatively weak country that is only now starting to attain the level of global prominence that it deserves. These self-identities strongly influence the operation of economic and security factors when the two states assess how to deal with each other. ..PAT.-Conference Proceeding [ABSTRACT FROM AUTHOR]
- Published
- 2006
13. Engagement as Power Strategy: Strategic Logic of US China Policy.
- Author
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Wooseon Choi
- Subjects
- *
INTERNATIONAL economic relations ,CHINA-United States relations - Abstract
In my paper, I will examine the strategic logic of U.S. China policy and evaluate its feasibility. U.S. governments and the advocates of engagement policy have argued that the economic and institutional integration of China into international community an ..PAT.-Unpublished Manuscript [ABSTRACT FROM AUTHOR]
- Published
- 2009
14. China's Effect on U.S. Labor Gets a Closer Academic Look.
- Author
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BARRO, JOSH
- Subjects
- *
INTERNATIONAL economic relations , *FREE trade , *LABOR market ,CHINA-United States relations - Abstract
The article reports on the negative effect of free trade with China to the labor market in the U.S. based on the findings from academic papers such as from the working papers made by economists David Dorn, David Autor, and Gordon Hanson.
- Published
- 2016
15. Strategic Logic of U.S. China Policy.
- Author
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Wooseon Choi
- Subjects
- *
INTERNATIONAL relations , *PEACE , *DEMOCRATIZATION , *INTERNATIONAL economic relations ,CHINA-United States relations - Abstract
In my article, I explore the strategic reasons why the United States has been engaging China and evaluate the feasibility and wisdom of the policy. U.S. Government and advocates of engagement have argued that economic and institutional intergration of China and its democratization through engagement will cause its peaceful behaviors even after it becomes powerful. My argument is that the U.S. China policy after the Cold War has been primarily driven by realist power calculations. And the U.S. aims to maintain the status quo of U.S. dominance in Asia through the strategy combining reassurance and power maximization. The strategic logic is that the U.S. will play the leadership role of providing public goods of peace and stability in Asia through the continued engagement in Asia. The accommodation of China is a crucial part of that strategy with the reassurance of Japan to prevent security competition in Asia and thus to reduce the incentive for China to build up its military capabilities. And through engagement, China will be more deeply integrated into the existing order shaped and managed by the U.S. At the same time, the U.S. is trying to maximize its power, especially through the military technological advance, to increase its great military advantages vis-à-vis China while maintaining its military force and alliances in Asia. Thus, by maintaining its overwhelming military superiority and reducing the Chinese incentive for military buildup, the U.S. is trying to dissuade China from challenging the U.S. I argue that through that policy, the U.S. is trying to ensure its security by preventing the rise of a peer competitor in Asia and maintain the international system shaped according to the U.S. interests. ..PAT.-Unpublished Manuscript [ABSTRACT FROM AUTHOR]
- Published
- 2008
16. Beijing Slams U.S. Tariffs in Growing Clash.
- Author
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BACK, AARON, HO, PATRICIA JIAYI, and Pulizzi, Henry J.
- Subjects
- *
TARIFF on steel pipe , *INTERNATIONAL economic relations , *PROTECTIONISM ,CHINA-United States relations - Abstract
The article reports on the criticism received by the U.S. federal government's decision to impose import duties on Chinese steel pipe from the Chinese government that called such move as a form of abusive protectionism, as both countries proceed with new trade probes on November 6, 2009. The United Steelworkers filed the cases against the tire, steel and coated-paper industries in China. The Ministry of Commerce announced that it has started its probes into imports of some U.S. vehicles for alleged dumping or unfair trade.
- Published
- 2009
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