China Economist has continuously carried out surveys among economists and this round of survey focuses on comparison and interactions between China＇s and the United States＇ economies. The result of the survey shows ...China Economist has continuously carried out surveys among economists and this round of survey focuses on comparison and interactions between China＇s and the United States＇ economies. The result of the survey shows that economists are generally optimistic about the outlook of both countries＇economies. Respondents believed that great differences exist in the components of industrial competitiveness of China and the US; while the US leads in terms of talent, creativity, social system, industrial system integrity and financing, cost is the biggest barrier to improvement in US competitiveness. In comparison, China leads in infrastructure, cost competitiveness and government driving force but inadequate technology is the biggest barrier to improvement in China＇s competitiveness. Respondents believed that in the coming 20years, China＇s economic growth will be 5.2% and US growth will be 2.4%. Around 2034, China＇s economic aggregate will equal the US level but it will take over 60 years for China to catch up with the US in terms of per capita GDP. China＇s manufacturing technology will equal the US level around 2045. More than 62% of economists believed that the Trump administration will effectively re-shore manufacturing and the average score they give to Trump＇s ＂first 100 days ＂＂ in office is 76 points. More than 61% of economists considered it unlikely that a serious trade war will break out between China and the US. They generally believed that China and the US cooperate and compete with each other and that China-US trade enjoys great potential to grow. According to the survey, respondents are more confident about China＇s debt sustainability in comparison with the US.展开更多
From the "Five-clause Agreement Draft" of 1944 to the Shanghai Communiqueof 1972, the strategic relationship between the United States (US) and theChinese Communist Party (CCP) went through a cycle from part...From the "Five-clause Agreement Draft" of 1944 to the Shanghai Communiqueof 1972, the strategic relationship between the United States (US) and theChinese Communist Party (CCP) went through a cycle from partners to foes thenback to partners again. Since the end of World War II, a huge number of booksand articles on CCP-US relations have been published both in the United States andChina. Because of their different political background, Chinese and展开更多
In order to find indications for future bilateral relations, it is worth reviewing the development of China-US economic and trade relations in recent history. Generally speaking, the nine years between 2007 and 2015 s...In order to find indications for future bilateral relations, it is worth reviewing the development of China-US economic and trade relations in recent history. Generally speaking, the nine years between 2007 and 2015 saw non-stop progress in China and US trade and economic ties. The China-US interdependent and complementary economic and trade connections ensure that bilateral relations are constantly developing and merging following their interdependent paths;the global challenges, such as the financial crisis and recent extreme weather events, have allowed China and the US to be in the same boat,weathering these different forms of turbulence. Decisions on important domestic policies and disputes can now be discussed earlier and effectively following on from the construction of multi-dimensional crisis management mechanisms. But undeniably there are unsettled and conflicting points in their relations, such as the fact that the US strategically excludes China from its free trade agenda, not willing to accept many everyday items manufactured by China. This is a major obstacle preventing their relationships deepening. History tells us, in future, if both sides could have a bigger vision, relations would better develop, for the new type of major power relations and the subsequent road would be less rocky and bring more benefits for the peoples of both countries.展开更多
文摘China Economist has continuously carried out surveys among economists and this round of survey focuses on comparison and interactions between China＇s and the United States＇ economies. The result of the survey shows that economists are generally optimistic about the outlook of both countries＇economies. Respondents believed that great differences exist in the components of industrial competitiveness of China and the US; while the US leads in terms of talent, creativity, social system, industrial system integrity and financing, cost is the biggest barrier to improvement in US competitiveness. In comparison, China leads in infrastructure, cost competitiveness and government driving force but inadequate technology is the biggest barrier to improvement in China＇s competitiveness. Respondents believed that in the coming 20years, China＇s economic growth will be 5.2% and US growth will be 2.4%. Around 2034, China＇s economic aggregate will equal the US level but it will take over 60 years for China to catch up with the US in terms of per capita GDP. China＇s manufacturing technology will equal the US level around 2045. More than 62% of economists believed that the Trump administration will effectively re-shore manufacturing and the average score they give to Trump＇s ＂first 100 days ＂＂ in office is 76 points. More than 61% of economists considered it unlikely that a serious trade war will break out between China and the US. They generally believed that China and the US cooperate and compete with each other and that China-US trade enjoys great potential to grow. According to the survey, respondents are more confident about China＇s debt sustainability in comparison with the US.
文摘From the "Five-clause Agreement Draft" of 1944 to the Shanghai Communiqueof 1972, the strategic relationship between the United States (US) and theChinese Communist Party (CCP) went through a cycle from partners to foes thenback to partners again. Since the end of World War II, a huge number of booksand articles on CCP-US relations have been published both in the United States andChina. Because of their different political background, Chinese and
文摘In order to find indications for future bilateral relations, it is worth reviewing the development of China-US economic and trade relations in recent history. Generally speaking, the nine years between 2007 and 2015 saw non-stop progress in China and US trade and economic ties. The China-US interdependent and complementary economic and trade connections ensure that bilateral relations are constantly developing and merging following their interdependent paths;the global challenges, such as the financial crisis and recent extreme weather events, have allowed China and the US to be in the same boat,weathering these different forms of turbulence. Decisions on important domestic policies and disputes can now be discussed earlier and effectively following on from the construction of multi-dimensional crisis management mechanisms. But undeniably there are unsettled and conflicting points in their relations, such as the fact that the US strategically excludes China from its free trade agenda, not willing to accept many everyday items manufactured by China. This is a major obstacle preventing their relationships deepening. History tells us, in future, if both sides could have a bigger vision, relations would better develop, for the new type of major power relations and the subsequent road would be less rocky and bring more benefits for the peoples of both countries.
