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Impact of U.S. Tariffs on Chinese Firms' Outward Connection

Author

Listed:
  • Haichao Fan

    (Institute of World Economy, Fudan University)

  • Guangyuan Guo

    (School of Public Economics and Administration, Shanghai University of Finance and Economics)

  • Dongmin Hu

    (School of Economics, Fudan University)

Abstract

This paper delves into the repercussions of the 2018 China-US trade friction on China's supply chain and outward greenfield investment. By conducting an aggregated prefecture-level analysis, we unveil a substantial surge in disconnection from Chinese firms to U.S. entities. Moreover, there is a noteworthy decline in Chinese firms' greenfield investment towards the U.S.

Suggested Citation

  • Haichao Fan & Guangyuan Guo & Dongmin Hu, 2023. "Impact of U.S. Tariffs on Chinese Firms' Outward Connection," Annals of Economics and Finance, Society for AEF, vol. 24(2), pages 363-375, November.
  • Handle: RePEc:cuf:journl:y:2023:v:24:i:2:fanguohu
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    More about this item

    Keywords

    China-US Trade Friction; Supply Chain; Greenfield Investment;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade

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