Number of results to display per page
Search Results
872. Abraham Lincoln, Hillary Clinton, and Liu Xiaobo
- Author:
- Beatrice Camp
- Publication Date:
- 11-2018
- Content Type:
- Journal Article
- Journal:
- American Diplomacy
- Institution:
- American Diplomacy
- Abstract:
- Celebrating the bicentennial birthday of our 16th president seemed like a fairly safe event for our Shanghai consulate to undertake, considering that Abraham Lincoln was popular in China and former President Jiang Zemin was well known for quoting from the Gettysburg Address. And, of course, Lincoln provided us an opening to talk about “government of the people, by the people, for the people”. Sometime after we decided on the program, the State Department announced that Hillary Clinton would travel to Beijing on her first trip as Secretary of State to highlight the importance of the U.S.-China relationship for the new administration. Shanghai wasn’t on her itinerary and yet, somehow, our consulate preparations to hold a 200th birthday party for Abraham Lincoln in February 2009 almost threw a wrench into this important SecState visit.
- Topic:
- International Relations, Diplomacy, Government, and Memoir
- Political Geography:
- China, Asia, North America, and United States of America
873. China Responds to Trade Tensions Responsibly
- Author:
- Su Qingyi
- Publication Date:
- 09-2018
- Content Type:
- Policy Brief
- Abstract:
- In March 2018, the United States slapped tariffs of 25 percent on steel imports and 10 percent on aluminum in the name of national security under Section 232 of the Trade Expansion Act of 1962. Then, the Office of the United States Trade Representative released a report on the investigation of China under Section 301 of the Trade Act of 1974, claiming China’s acts, policies, and practices regarding technology transfer, intellectual property, and innovation are “unreasonable and discriminatory, and burden U.S. commerce.” In early April, it issued a list of products imported from China subject to additional tariffs of 25 percent totaling US $50 billion. In June, Donald Trump approved the tariff imposition on US $50 billion worth of Chinese goods, officially starting from Chinese exports worth US $34 billion on July 6. The remaining US $16 billion was to be imposed later. In July, the U.S. issued another trade barrier of 10 percent tariff on imports from China with a value of US $200 billion. On August 1, U.S. Trade Representative Robert Lighthizer said the barriers were suggested by President Trump, who ordered to increase the amount to 25 percent.
- Topic:
- International Trade and Finance, Tariffs, Trade Wars, and Trade
- Political Geography:
- China, Asia, North America, and United States of America
874. China can overcome a trade war
- Author:
- Su Qingyi
- Publication Date:
- 08-2018
- Content Type:
- Policy Brief
- Abstract:
- The tariff war the United States has launched against China shows no sign of abating, as the Donald Trump administration made good its threat to impose 25 percent tariff on another $16 billion worth of Chinese imports on Thursday. Instead, since the US has threatened to slap tariffs on $500 billion worth of Chinese goods, or on almost all Chinese imports, the trade conflict seems set to intensify. Thanks to its national strength and moral righteousness, as well as its objective assessment that the US' tariff war will have a limited impact on the Chinese economy, China is confident and capable of safeguarding the core interests of the country and its people. The trade dispute, however, will affect on three areas－foreign trade, investment (including overseas investment) and the macro-economy. But the impact is likely to be limited and manageable.
- Topic:
- Economy, Tariffs, Trade Wars, and Trade
- Political Geography:
- China, Asia, North America, and United States of America
875. Emerging economies need safeguards to tackle currency crisis
- Author:
- Gao Haihong
- Publication Date:
- 08-2018
- Content Type:
- Policy Brief
- Abstract:
- The recent appreciation of the US dollar and the uneven pace of monetary policy normalization in many countries have become a headwind for emerging economies. This month, the Turkish lira has sharply depreciated against the US dollar, followed by a jump in Turkish bond yield for fear of high inflation. Earlier this year, after failing to stabilize its currency, Argentina sought the International Monetary Fund's support to stabilize the peso. The IMF agreed to give a $50 billion standby line of credit but on conditions that required necessary domestic fiscal and structural adjustment. These developments reaffirmed the eminent risks facing the emerging economies. A strong dollar and tightened monetary policy in the US are prompting capital flight from countries that have high domestic public debt, huge external liability, and a weak current account balance and relatively open capital account. For example, Turkey’s total external debt to GDP was at 53.5% and its current account deficit was 7.1% to GDP.
- Topic:
- Economy, Inflation, Fiscal Policy, and Economic Development
- Political Geography:
- China, Turkey, Asia, Argentina, and United States of America
876. “Triple punch” policies to bring years of trade tensions
- Author:
- Su Qingyi
- Publication Date:
- 07-2018
- Content Type:
- Policy Brief
- Abstract:
- US President Donald Trump has adopted a hard-line trade policy and recklessly instigated the trade conflict with China. This is the result of a combination of adjustments to his trade, foreign, and fiscal policies. These intertwined policies will likely stretch China-US trade frictions throughout Trump's presidency. First of all, the adjustment to the trade policy includes a shift from multilateral free trade to regional free trade and pressuring other countries to open their markets.
- Topic:
- International Trade and Finance, Markets, Trade Wars, Trade, and Economic Development
- Political Geography:
- China, Asia, North America, and United States of America
877. Economic Sanction Games among the US, the EU and Russia: Payoffs and Potential Effects
- Author:
- Dong Yan and Li Chunding
- Publication Date:
- 07-2018
- Content Type:
- Working Paper
- Abstract:
- Economic sanction of the US and EU on Russia because of Ukraine crisis in 2014 lasts for a long time and is still a hot policy topic. This paper uses a 16-country or region numerical general equilibrium model with trade cost and exogenous trade imbalance to explore this three-country economic sanction game payoffs, and simulate the effects of sanctions on individual countries. Our analysis find that all sanction involved countries will be hurt, but comparatively Russia will be hurt more, and the US and EU will be hurt less. Sanction measures of EU have larger impacts to Russia than the US measures, and meanwhile Russian counter-sanction measures will generate larger impacts on the EU than on the US. From the economic perspective, the optimal choice for US and EU is to give up sanction measures to Russia, and retaliation is Russia’s optimal choice when faced with sanction measures. Countries out of the sanction game will gain because of trade diversion effects.
- Topic:
- Economics, Sanctions, European Union, and Economy
- Political Geography:
- Russia, Europe, and United States of America
878. US tariff measures may boomerang
- Author:
- Dong Yan
- Publication Date:
- 07-2018
- Content Type:
- Policy Brief
- Abstract:
- US President Donald Trump has launched a tariff war not only against China but also against some other economies and threatened to undermine the multilateral trading system. Apart from China, quite a few other economies have also taken countermeasures to Trump's unilateral and protectionist moves. For instance, Russia plans to impose 25-40 percent tariff on US industrial goods, including equipment for road construction, oil and gas, and mining in response to the US tariffs on Russian metals.
- Topic:
- Multilateralism, Tariffs, Trade Wars, and Donald Trump
- Political Geography:
- Russia, China, and United States of America
879. EU, China Have Common Interests to Cope With US Protectionism” - Analyst
- Author:
- Su Qingyi
- Publication Date:
- 07-2018
- Content Type:
- Commentary and Analysis
- Abstract:
- The Chinese government has announced plans to implement retaliatory duties on $34 billion worth of US goods following the introduction of similar measures by Washington. Sputnik has discussed the issue of the looming trade war with Qingyi Su, Senior Research Fellow at the Chinese Academy of Social Sciences (CASS).
- Topic:
- Economics, Tariffs, and Trade Wars
- Political Geography:
- China, Europe, Asia, North America, and United States of America
880. China will further open up but not due to US pressure
- Author:
- Dong Yan
- Publication Date:
- 06-2018
- Content Type:
- Policy Brief
- Abstract:
- China will take measures to further open up to the outside world, Xi said in his highly-anticipated keynote address at the Boao Forum for Asia. But amid the escalating China-US trade conflict, some people have wrongly assumed Xi made the remarks with the Trump administration's accusations in mind. But a review of China's policies shows the country will deepen reform and opening-up because of its practical development needs, not because of any other country's demand or coercion. And more importantly, if the US insists on starting a trade war, China's further opening-up policies will not apply to any US enterprises. To people concerned about China's development, Xi's speech must have sounded inspiring, but not surprising, as opening-up has been a development theme for China for the past 40 years.
- Topic:
- Development, International Trade and Finance, Economy, and Trade Wars
- Political Geography:
- China, Asia, and United States of America