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Chad Bown, Liu Luxin, Zongyuan Zoe Liu, and Tu Xinquan on the present state and future prospects of China-U.S. commerce.
We are actually 4 years into the so-called commerce battle between China and the U.S., with no sign of ending. In 2018, the Trump administration positioned a sequence of tariffs on billions’ value of Chinese language imports. China retaliated in variety. The Biden administration has stored these tariffs in place whereas increasing the checklist of sanctioned Chinese language firms. If something, commerce tensions have solely grown because the competitors for expertise dominance intensifies and each the U.S. and China search to speed up financial “decoupling” from a significant rival.
What does all this imply for the way forward for China-U.S. commerce? Is decoupling actually fascinating — and even potential? How will broader geopolitical tensions impression commerce talks (and commerce volumes) between the 2 international locations?
On August 31, 2022, The Diplomat and Intellisia Institute co-hosted a webinar bringing collectively consultants from China and the US to debate the longer term prospects of China-U.S. commerce relations.
That includes Chad P. Bown, Reginald Jones Senior Fellow on the Peterson Institute for Worldwide Economics; Liu Luxin, an assistant professor on the Faculty of Worldwide Research, Renmin College of China; Zongyuan Zoe Liu, a fellow for worldwide political financial system on the Council on International Relations; and Tu Xinquan, dean and professor of the China Institute for WTO Research of College of Worldwide Enterprise and Economics (UIBE).