Historical and Strategic Concern over the US-China Trade War: Will They Be within the WTO?

Hur, Nany

doi:10.14330/jeail.2018.11.2.07

Cited by 13 publications

(12 citation statements)

References 3 publications

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“…Over the years, the U.S. has experienced a drastic change in its dominant ideological perspective on economic relations with China (Hur, 2018;Swenson & Woo, 2019). Since the establishment of formal diplomatic ties between the two countries in 1979 through the early 2000s, the predominant ideological thinking among U.S. policy-makers toward China was pro-engagement.…”

Section: Discussionmentioning

confidence: 99%

A war or merely friction? Examining news reports on the current Sino-U.S. trade dispute in The New York Times and China Daily

Wang

2020

Critical Discourse Studies

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The ongoing Sino-U.S. trade dispute between the world's two largest economies has since 2018 attracted much attention from the international media. This study used the approach of corpusassisted discourse studies to compare how leading Englishlanguage newspapers from each side-The New York Times (NYT) and China Daily (CD)discursively constructed this issue. The findings indicated that while NYT tended to profile the trade conflict as a 'war' in line with mainstream hard-line ideologies that emphasize China's presumed threat to national security of the U.S., CD sought to dial down the rhetoric and showed a preference for defining the matter as a 'friction', consistent with the tenet of 'pragmatic nationalism' endorsed by the Communist Party of China. Accordingly, the two newspapers framed the causes, moral evaluation/consequences, and treatment of the issue in congruence with their respective dominant metaphors by means of various linguistic patterns. These differences are interpreted with regard to each side's underlying ideologies and national interests.

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Section: Discussionmentioning

confidence: 99%

A war or merely friction? Examining news reports on the current Sino-U.S. trade dispute in The New York Times and China Daily

Wang

2020

Critical Discourse Studies

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“…Some studies pointed out that the exchange rates have a direct impact on the stock markets of respective countries that have trade disputes. Hur (2018) proposed that fluctuations in exchange rate affect the firm’s cost and value of earning. Since most of the transactions take place in foreign currencies, these firms are highly impacted by changes in the exchange rate.…”

Section: Review Of Literaturementioning

confidence: 99%

Exchange Rate and Stock Markets During Trade Conflicts in the USA, China, and India

Krishnan

Dagar

2022

Global Journal of Emerging Market Economies

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During trade tussles, most of the stock exchanges are impacted, both directly and indirectly, thereby influencing the exchange rates of the countries. This article gives a comprehensive insight into the effects of exchange rate on the USA, China, and Indian stock market, that is, the Dow Jones industrial average index (DJI), Shanghai Stock Exchange (SSE) composite index, and Nifty50 index during trade conflicts. Trade conflicts here talk about the recent trade war between the USA and China, which was invariably fallen in line with the outbreak of COVID-19. Sample of this study comprises the daily closing price from different indices and exchange rate values US dollar, yuan, and rupee. This article uses ordinary least square (OLS) model and generalized autoregressive conditional heteroskedasticity (GARCH) model to analyze the volatility and influence of exchange rate over the stock market. Results from OLS model indicated that the fluctuations in exchange rate have minimum impact on the daily closing price of stock indices, that is, DJI, SSE, and Nifty50 in the USA, China, and India, respectively, however, exchange rate impacts volume of shares traded in all three stock exchanges. The GARCH model implies that the conditional variance is less volatile for Nifty volume, but highly volatile for SSE and DJI stock volumes traded. The findings of the study provide insights to the domestic and foreign investors regarding their investment in the stock market during trade conflicts and mostly during COVID-19 situation.

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“…93 China has also engaged in several trade disputes relating to wind energy. 94 In September 2010, the Union Steelworkers filed a petition before the Office of the United States Trade Representative (USTR), claiming that the policies adopted by China in the wind sector were inconsistent with the WTO principles. 95 They also claimed that such policies paved the way for its local producers to receive unfair support in renewable energy technology.…”

Section: Cwrmentioning

confidence: 99%

Trade Protectionism & China’s International Trade Disputes: Renewable Energy Perspectives

Karim¹,

Syed²,

Islam³

2022

China & WTO Rev.

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Renewable energy is frequently seen as one of the world's most promising industries, as it promises a sustainable future in the surge of climate change. Nevertheless, several trade disputes emerge as nations implement policies to boost the domestic green energy industry, putting current trade laws to the test and leaving the detrimental effects on the development of renewable energy technologies. As a result, trade tensions have risen, particularly in bilateral relations between the United States and China. It is impossible to deny that current trade disputes over renewable energy products have practical consequences for governments, institutions, and enterprises. Rising trade protectionism in the energy industry may endanger the fulfillment of specific sustainable development targets. Keeping that in mind, this study aims to examine the recent trade disputes over China's renewable energy products at the multilateral forum of the WTO, while analyzing protectionism in the context of international trade and practices.

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Historical and Strategic Concern over the US-China Trade War: Will They Be within the WTO?

Cited by 13 publications

References 3 publications

A war or merely friction? Examining news reports on the current Sino-U.S. trade dispute in The New York Times and China Daily

A war or merely friction? Examining news reports on the current Sino-U.S. trade dispute in The New York Times and China Daily

Exchange Rate and Stock Markets During Trade Conflicts in the USA, China, and India

Trade Protectionism & China’s International Trade Disputes: Renewable Energy Perspectives

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