Transmission and Diffusion Effect of Sino-US Trade Friction along Global Value Chains

Shi, Benye; Wang, Xiaojuan; Gao, Bo

doi:10.1016/j.frl.2021.102057

Cited by 10 publications

(1 citation statement)

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“…The World Trade Organization provided data that world trade in goods increased by only 0.8% over the previous year in 2023, and their forecast in October was significantly lower than the previous growth forecast of 1.7% in April. The increase of US tariff on China will significantly reduce the value-added rate of trade partner and the third-countries embedded in China's exports to the US, thus making the impact of Sino-US trade shock pass on the countries along the GVCs [2]. And it should be said that this trade tear can be observed, with Europe as the center, and many countries have stagnated in the face of inflation.…”

Section: Introductionmentioning

confidence: 99%

The Impact of International Trade in the Context of Local Turmoil in the World

Chen

2024

AEMPS

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Studying the impact of regional conflicts on international trade helps to better understand and predict changes and trends in trade, providing important references for government and business decision-making. By conducting in-depth research on the impact of conflicts on international trade, targeted measures can be formulated to reduce the negative impact of conflicts on trade and promote regional and international economic stability and development. In addition, studying the impact of local regional conflicts on international trade can also help strengthen the international community's attention and assistance to conflict areas, help conflict areas achieve peace and stability, and create a more favorable environment for international trade. Therefore, the importance of studying the impact of regional conflicts on international trade lies in enhancing understanding of the mechanisms of trade impact, improving targeted decision-making, and promoting international cooperation and peaceful development.Next, this paper will start with the conflict between Russia and Ukraine, study the global influence and economic development, and finally study China's trade problems.

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Section: Introductionmentioning

confidence: 99%