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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.

Suggested Citation

  • Marcus Noland, 1996. "US-China Economic Relations," Working Paper Series WP96-6, Peterson Institute for International Economics.
    • Handle: RePEc:iie:wpaper:wp96-6
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    Cited by:

    1. Barry Naughton, 1996. "China's Emergence and Prospects as a Trading Nation," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 27(2), pages 273-344.
    2. International Monetary Fund, 2004. "United States: Selected Issues," IMF Staff Country Reports 2004/228, International Monetary Fund.
    3. Gary Clyde Hufbauer & Yee Wong, 2004. "China Bashing 2004," Policy Briefs PB04-05, Peterson Institute for International Economics.
    4. Shafaeddin, S. M., 2004. "Is China's accession to WTO threatening exports of developing countries?," China Economic Review, Elsevier, vol. 15(2), pages 109-144, January.
    5. Hickey, Ronan & Osborne, Jenny, 2004. "The Chinese Economy: Emergence and Evolution," Quarterly Bulletin Articles, Central Bank of Ireland, pages 67-91, July.
    6. Hans-Böckler-Stiftung & Deutscher Gewerkschaftsbund (ed.), 2001. "Welthandelsorganisation und Sozialstandards: Dokumentation der DGB-Tagung am 28. Mai 2001 in Brüssel," Study / edition der Hans-Böckler-Stiftung, Hans-Böckler-Stiftung, Düsseldorf, volume 60, number 60, March.
    7. 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.
    8. Scheipl Thomas & Bobek Vito & Horvat Tatjana, 2020. "Trade War between the USA and China: Impact on an Austrian Company in the Steel Sector," Naše gospodarstvo/Our economy, Sciendo, vol. 66(1), pages 39-51, March.
    9. Morris Goldstein, 2004. "Adjusting China's Exchange Rate Policies," Working Paper Series WP04-1, Peterson Institute for International Economics.
    10. 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.

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