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US-China Economic Relations

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  • Marcus Noland

    ()
    (Peterson Institute for International Economics)

Abstract

Today the US and China are probably the world's two largest economies (Table 1). Relations between these two countries are crucial to the future development of the world economy. Unfortunately economic relations between the two countries are troubled. China is large, rapidly growing, and still in the process of devising and implementing fundamental economic reforms. Despite its size and importance to the global economy, it is still not a member of the World Trade Organization (WTO), the primary multilateral institution for managing the world trade system. As a consequence, trade disputes between China and the US are resolved almost exclusively in public, acrimonious bilateral negotiations.

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Bibliographic Info

Paper provided by Peterson Institute for International Economics in its series Working Paper Series with number WP96-6.

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Date of creation: 1996
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Handle: RePEc:iie:wpaper:wp96-6

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Cited by:
  1. Hickey, Ronan & Osborne, Jenny, 2004. "The Chinese Economy: Emergence and Evolution," Quarterly Bulletin Articles, Central Bank of Ireland, pages 67-91, July.
  2. Morris Goldstein, 2004. "Adjusting China's Exchange Rate Policies," Working Paper Series WP04-1, Peterson Institute for International Economics.
  3. Gary Clyde Hufbauer & Yee Wong, 2004. "China Bashing 2004," Policy Briefs PB04-05, Peterson Institute for International Economics.
  4. J. David Richardson & Asha Sundaram, 2013. "Sizing Up US Export Disincentives for a New Generation of National-Security Export Controls," Policy Briefs PB13-13, Peterson Institute for International Economics.
  5. S.M. Shafaeddin, 2002. "The Impact Of China┬┤S Accession To Wto On The Exports Of Developing Countries," UNCTAD Discussion Papers 160, United Nations Conference on Trade and Development.

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