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The United States-China Trade War—The Inevitable Strategic Competition

In: Contemporary Economic Issues in Asian Countries: Proceeding of CEIAC 2022, Volume 2

Author

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  • Thu Trang Nguyen

    (The University of Social Sciences and Humanities, Vietnam National University - Ho Chi Minh City
    PhD Candidate, The University of Social Sciences and Humanities, Vietnam National University)

Abstract

The United States-China trade war is an important geopolitical and geostrategic phenomenon relating to restructuring economic relations in the world’s two largest economies. It is also a manifestation of the crisis and restructuring of globalization. A debate about the return of great power competition began immediately for a new international system. This competition and restructuring have placed the world in unprecedented uncertainty. The fierce competition between the United States and China has extended from trade to high technology spreading in several fields with two value systems. The fact is that since the trade war, the rivalry has been exacerbated as they strive for control of the rules, norms, and institutions that will govern international relations in the next decade. After the research and research process, the paper concludes that the United States-China trade war is an inevitable strategic competition.

Suggested Citation

  • Thu Trang Nguyen, 2023. "The United States-China Trade War—The Inevitable Strategic Competition," Springer Books, in: An Thinh Nguyen & Thu Thuy Pham & Joon Song & Yen-Ling Lin & Manh Cuong Dong (ed.), Contemporary Economic Issues in Asian Countries: Proceeding of CEIAC 2022, Volume 2, pages 1-8, Springer.
  • Handle: RePEc:spr:sprchp:978-981-99-0490-7_1
    DOI: 10.1007/978-981-99-0490-7_1
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