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The China–US Trade War: Deep‐Rooted Causes, Shifting Focus and Uncertain Prospects

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  • Chi Hung Kwan

Abstract

The USA has waged a trade war against China, whose rapid rise has come to be seen as a threat to US hegemony. Besides imposing additional tariffs on imported Chinese products, the USA is also tightening restrictions on the transfer of technology to China and the business activities of some Chinese high‐tech companies, notably Huawei. The escalation of the trade war into a tech war could lead to a decoupling between the US and Chinese economies, if not a world economy divided into two economic blocs that centered on them.

Suggested Citation

  • Chi Hung Kwan, 2020. "The China–US Trade War: Deep‐Rooted Causes, Shifting Focus and Uncertain Prospects," Asian Economic Policy Review, Japan Center for Economic Research, vol. 15(1), pages 55-72, January.
  • Handle: RePEc:bla:asiapr:v:15:y:2020:i:1:p:55-72
    DOI: 10.1111/aepr.12284
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    Cited by:

    1. Sabrine Ferjani & Sami Saafi & Ridha Nouira & Christophe Rault, 2022. "The Impacts of the Dollar-Renminbi Exchange Rate Misalignment on the China-United States Commodity Trade: An Asymmetric Analysis," Journal of Quantitative Economics, Springer;The Indian Econometric Society (TIES), vol. 20(3), pages 507-554, September.
    2. Deepika Krishnan & Vishal Dagar, 2022. "Exchange Rate and Stock Markets During Trade Conflicts in the USA, China, and India," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 14(2), pages 185-203, May.

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