Dingding Chen
School of International Studies at Jinan University, China
Organised by
Centre for Policy Research (CPR)
Abstract:
China and the United States have been engaged in a trade war through increasing tariffs and other measures since 2018. The trade war can be attributed to trade imbalances, the US midterm elections and rivalry for global economic dominance. The current US-China trade conflict concerns two major set of issues. The first is the lack of reciprocity in terms of tariffs, market access, and investment. The problem is that there is a second set of issues, which concern technology transfer and high-tech industrial policy, including the Made in China 2025 initiative. The US has demanded that these programs be dismantled because they unfairly disadvantage foreign firms, but China views them as critical to its plans to transform the country into a high-tech power. Definitely, the US and China are competing for supremacy in the suite of advanced technologies that will affect the means of future economic production. US efforts to curtail China's access to American technology are threatening to unravel decades of globalisation and interdependent supply chains and raising the risk of a confrontation that has been likened to a new cold war. What is Trump's next move in the trade/technology war? How the US-China trade/technology could end?
Date: August 9, 2019
Time: 11:30 A.M.
Venue:
Conference Hall
Centre for Policy Research,
Dharma Marg, Chanakyapuri,
New Delhi–110021(INDIA)
Note:
Please RSVP at RSVP at president.cpr@cprindia.org
Location:
View Larger Map
School of International Studies at Jinan University, China
Organised by
Centre for Policy Research (CPR)
Abstract:
China and the United States have been engaged in a trade war through increasing tariffs and other measures since 2018. The trade war can be attributed to trade imbalances, the US midterm elections and rivalry for global economic dominance. The current US-China trade conflict concerns two major set of issues. The first is the lack of reciprocity in terms of tariffs, market access, and investment. The problem is that there is a second set of issues, which concern technology transfer and high-tech industrial policy, including the Made in China 2025 initiative. The US has demanded that these programs be dismantled because they unfairly disadvantage foreign firms, but China views them as critical to its plans to transform the country into a high-tech power. Definitely, the US and China are competing for supremacy in the suite of advanced technologies that will affect the means of future economic production. US efforts to curtail China's access to American technology are threatening to unravel decades of globalisation and interdependent supply chains and raising the risk of a confrontation that has been likened to a new cold war. What is Trump's next move in the trade/technology war? How the US-China trade/technology could end?
Date: August 9, 2019
Time: 11:30 A.M.
Venue:
Conference Hall
Centre for Policy Research,
Dharma Marg, Chanakyapuri,
New Delhi–110021(INDIA)
Note:
Please RSVP at RSVP at president.cpr@cprindia.org
Location:
View Larger Map
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