Wang Xiaoyan | Literature Review of Sino-US Trade Disputes: From the Perspective of the Impact of Ta

Recently, the 2020 Academic Symposium on International Trade Disputes and Globalization Restructuring, jointly organized by the Center for International Finance and Economics Research (CIFER) of Tsinghua University's PBC School of Finance and the Center for Cross-border Digital Capital Research (IDC) of Tsinghua University's PBC School of Finance, was held.2020 International Conference on US-China Trade Disputes and Reforms in GlobalizationThe meeting was successfully held online. Wang Xiaoyan, Postdoctoral Fellow at Tsinghua University's PBC School of Finance and Assistant Researcher at the Center for International Finance and Economics Research (CIFER) of Tsinghua University's PBC School of Finance, was present.Attend and shareHis collaborators included Ju Jiandong, Chair Professor at Tsinghua University's PBC School of Finance and Director of the Center for International Finance and Economics Research (CIFER) at Tsinghua University's PBC School of Finance, and Li Xin, Professor at the School of Statistics, Beijing Normal University and Researcher at the Center for International Finance and Economics Research (CIFER) at Tsinghua University's PBC School of Finance.The theme is "A Literature Review on the US-China Trade Dispute: From the Perspective of the Impact of US-China TariffsThe speech.

 

Wang Xiaoyan is a postdoctoral researcher at the PBC School of Finance, Tsinghua University, and an assistant researcher at the Center for International Finance and Economics Research (CIFER), Tsinghua University PBC School of Finance. She graduated from Nankai University in 2019 with a Ph.D. in Economics; from 2017 to 2018, she was selected as a "National Scholarship Joint Doctoral Student" and participated in a joint doctoral program at Cornell University in the United States. She has published several papers in core journals. Her main research areas are international trade, international regional economic cooperation, and international finance.

Wang Xiaoyan

 

Wang Xiaoyan mentioned in her sharingThe US-China tariff war has lasted for over two years. A paper co-authored by the author and collaborators, reviewing relevant research over the past two years, found a high degree of consistency in the conclusions reached by domestic and international scholars regarding the impact of tariffs: tariffs will adversely affect the prospects for global economic growth, including in China and the US; tariffs are detrimental to the welfare levels of both countries, do not help resolve the US-China trade imbalance, do not help bring US manufacturing jobs back to the US, and do not contribute to a fairer trade structure; the US-China tariff war has worsened the global trade situation and has spillover effects on third-country exports, the specific direction of which depends on the trade structure of the affected countries and their competitive relationship with China and the US in specific industries.

 

However, scholars at home and abroad still debate which country's tariff war will have a more significant impact on, China or the United States, whether the depreciation of the RMB will help alleviate the short-term impact of tariffs, and whether the China-US tariff war will have a long-term structural impact on the global multilateral pattern. These questions remain the main focus of ongoing research.

 

Group buying

 

Professor Bao Qun from the School of Economics at Nankai University commented on the article shared by Professor Wang Xiaoyan. First, he summarized the research methods, conclusions, affected subjects, influencing indicators, and controversial issues. Second, he raised some questions and suggestions: 1. The long-term impact of short-term events; 2. Economic assessment and political motivations; 3. Research subjects: focusing on short-term phenomena such as trade and employment; with limited research on corporate production activities (supply chain restructuring, production network changes, input-output relationships), and recommended two English-language articles.

 

International Trade Dispute Thematic Forum II - Participating Guests and Scholars