China-U. S. Trade War and Future Economic Relations by Lawrence J. Lau (2019, Hardcover)

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THE CHINA-U.S. TRADE WAR AND FUTURE ECONOMIC RELATIONS By Lawrence J. Lau - Hardcover **BRAND NEW**.

About this product

Product Identifiers

PublisherChinese University of Hong KONG, T.H.E.
ISBN-109882371124
ISBN-139789882371125
eBay Product ID (ePID)26038423162

Product Key Features

Number of Pages224 Pages
LanguageEnglish
Publication NameChina-U. S. Trade War and Future Economic Relations
SubjectInternational Relations / Trade & Tariffs, Public Policy / Economic Policy
Publication Year2019
TypeTextbook
Subject AreaPolitical Science
AuthorLawrence J. Lau
FormatHardcover

Dimensions

Item Height0.9 in
Item Weight19.6 Oz
Item Length9.3 in
Item Width6.4 in

Additional Product Features

Intended AudienceScholarly & Professional
LCCN2020-454118
Dewey Edition23
TitleLeadingThe
ReviewsEconomists, executives and China watchers will appreciate this straightforward analysis of a complicated issue., Everyone, everywhere, is potentially affected by events in the world's two largest economies, the United States and China. Lau's timely book is full of careful analysis, penetrating insight, and helpful suggestions from the world's preeminent economist on this relationship., This study should be read carefully by anyone working on these issues for their governments, for the press, as well as any individual citizen who wants to understand the issues.
IllustratedYes
Dewey Decimal337.51073
SynopsisLawrence J. Lau shows that while the real effects of the China-U.S. trade war in 2018 are not negligible, they are relatively manageable for both nations. China-U.S. economic collaboration is a potentially positive-sum game through better coordination and fully utilizing each other's currently underutilized resources., Some believe in the "Thucydides Trap": the idea that, since a rising power will challenge the dominance of an established one, a China-U.S. trade war will be inevitable. Being the largest and the second largest trading nations globally, the U.S. and China are in fact each other's most important trading partners, among many aspects of their complex interrelationships. In this book, Lawrence J. Lau examines various economic statistics of the past few decades to show that while the real effects of the China-U.S. trade war in 2018 are not negligible, they are relatively manageable for both nations. There is no need to panic, despite psychological effects on the Chinese stock markets and on the renminbi exchange rate. Behind the trade war is the potential economic and technological competition between China and the U.S., which is likely to become the "new normal." It is up to each government to battle against the rise of xenophobia, based on the fact that China-U.S. economic collaboration is a potentially positive-sum game through better coordination and fully utilizing each other's currently underutilized resources. Balancing China-U.S. trade and enhancing economic interdependence are not only possible, but desirable.
LC Classification NumberHF1604.Z4U65185 2019

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