The rhetoric used by President Trump regarding the trade war against China is rife with misinterpretation.The actual American trade deficit'with China is much lower if evaluated in the correct terms of value-added...The rhetoric used by President Trump regarding the trade war against China is rife with misinterpretation.The actual American trade deficit'with China is much lower if evaluated in the correct terms of value-added.The deficit is mainly a result of insufficient domestic US savings.In addition,as the US dollar is an international currency which is being increasingly held as a result of increases in world population,income,prices and transaction intensity,Americans can benefit from having trade deficits of hundreds of billions of US dollars each year.My analysis,as well as a model of the Bank of England,reveals that the trade war is not only mutually harmful but also actually hurts America more than China.The Thucydides Trap is likely avoidable in the current nuclear era of assured mutual destruction and because China,facing many structural impediments,is still far behind America in technology and military powder.展开更多
With the development of economic globalization,the economic cooperation between different countries is keeping intight touch.As the second largest economy in the world,China is strengthening economic cooperation with ...With the development of economic globalization,the economic cooperation between different countries is keeping intight touch.As the second largest economy in the world,China is strengthening economic cooperation with America.It is inevitablethat intercultural communication is becoming high frequent.So it is important to overcome cultural conflicts and enhance the mutu-al understand.展开更多
This paper analyzes the role that Caleb Cushing played in the Sino-American relationship as well as his influences upon the Sino-American relationship.
文摘The rhetoric used by President Trump regarding the trade war against China is rife with misinterpretation.The actual American trade deficit'with China is much lower if evaluated in the correct terms of value-added.The deficit is mainly a result of insufficient domestic US savings.In addition,as the US dollar is an international currency which is being increasingly held as a result of increases in world population,income,prices and transaction intensity,Americans can benefit from having trade deficits of hundreds of billions of US dollars each year.My analysis,as well as a model of the Bank of England,reveals that the trade war is not only mutually harmful but also actually hurts America more than China.The Thucydides Trap is likely avoidable in the current nuclear era of assured mutual destruction and because China,facing many structural impediments,is still far behind America in technology and military powder.
文摘With the development of economic globalization,the economic cooperation between different countries is keeping intight touch.As the second largest economy in the world,China is strengthening economic cooperation with America.It is inevitablethat intercultural communication is becoming high frequent.So it is important to overcome cultural conflicts and enhance the mutu-al understand.
文摘This paper analyzes the role that Caleb Cushing played in the Sino-American relationship as well as his influences upon the Sino-American relationship.
