China—US Trade War: A Modern Version of the Thucydides Trap
China—US trade war looks like a modern version of the Thucydides Trap. The devastating consequences of the trade war can be avoided if China takes the drastic step to open its market to US firms and allow foreign firms to have a level playing field to compete with Chinese firms. It is time that Chin...
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Veröffentlicht in: | East Asian policy (Singapore) 2018-10, Vol.10 (4), p.5-23 |
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Format: | Artikel |
Sprache: | eng |
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Online-Zugang: | Volltext |
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Zusammenfassung: | China—US trade war looks like a modern version of the Thucydides Trap. The devastating consequences of the trade war can be avoided if China takes the drastic step to open its market to US firms and allow foreign firms to have a level playing field to compete with Chinese firms. It is time that Chinese consumers embrace products “made beyond China”.
Strengthening economic cooperation with the European Union (EU) and Japan would give China the leverage to counterbalance the pressure of the United States. China, however, should be ready to offer significant concessions in opening its domestic market too. |
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ISSN: | 1793-9305 2251-3175 |
DOI: | 10.1142/S1793930518000338 |