March 8, 2021
Chad Bown and Michael Klein discuss China’s role in the global economy, as well as international cooperation in COVID vaccine manufacturing and distribution.
January 28, 2020
There is room for some reasonable amendments to the WTO’s dispute settlement and to rules relating to developing countries. Net benefits are unclear.
July 11, 2019
A weaker yuan softens the impact of U.S. tariffs on Chinese exports. But economic factors in China and the U.S. contribute to the change in the exchange rate.
August 3, 2018
Forced technology transfer occurs when foreign multinational companies have to provide strategically significant technology to an indigenous entity they do not control in order to gain access to the massive Chinese market. Firms lose a valuable asset and global innovation can be hampered.
July 25, 2018
China is targeted industries as it aims to increase Chinese innovation and upgrade the production methods used in manufacturing from labor-intensive to high-tech. The U.S. companies that compete with them are hurt. But, American consumers enjoy lower import prices, leaving Americans as a whole better off.
June 15, 2018
The United States has taken a series of unilateral trade measures against Canada, Mexico, the European Union, China, and other trade partners. The actions risk destroying the trading system administered by the World Trade Organization.