Research on the America-China Market Economy
- 10.2991/aebmr.k.220405.290How to use a DOI?
- Bilateral relationships; American Economy; Chinese Economy; Chinese Economic model; World Trade Organisation agreements
The relationship between the American and Chinese economies facilitates the creation of over 25 million employment opportunities in the United States. This relationship is not limited to specific sectors, but certain sectors thrive compared to others. It is crucial to understand how the relationship between these two countries works about the economy. There has been continued collaboration between the two countries concerning trade despite various trade wars, where the United States implemented heavy taxes and sanctions on Chinese exports, while China responded by raising the tariffs on American goods. Though this conflict exists, the Chinese economic model plays a significant role in the United States due to technological self-sufficiency and the increase in production and export dispatching in China. Various keywords, such as American economy, Chinese economy, and bilateral relationships between China and America, were used to conduct research on this topic. Google was the leading search engine utilized for the research. Google scholar provided credible articles to facilitate the study. Based on the findings, it is evident that there needs to be a bilateral agreement to reduce the business imbalance and should be controlled by market forces. There should also be the creation of collaboration ties with the United States allies through new trade deals to enhance trade between the two nations.
- © 2022 The Authors. Published by Atlantis Press International B.V.
- Open Access
- This is an open access article distributed under the CC BY-NC 4.0 license.
Cite this article
TY - CONF AU - Linhan Liao PY - 2022 DA - 2022/04/29 TI - Research on the America-China Market Economy BT - Proceedings of the 2022 7th International Conference on Social Sciences and Economic Development (ICSSED 2022) PB - Atlantis Press SP - 1741 EP - 1744 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.220405.290 DO - 10.2991/aebmr.k.220405.290 ID - Liao2022 ER -