Reinterpreting the US-China Trade War: Domestic Reforms and International Negotiation
Looney, Kristen E.
The U.S.-China trade war ends up with China making substantial concessions as the first-phase deal is signed on January 15, 2020. China not only agreed to decrease the trade deficit by purchasing $200 billion U.S. products, but it also agreed to implement several profound reforms. While the public attention was paid to the U.S.-China competition and whether President Trump’s tariff strategy worked or not, the domestic factors had been overlooked. Through reviewing the process of the trade war and China’s reform agenda, this thesis identifies the main drivers of China’s concessional negotiating behavior as the country is facing contradictory policy signals and unprecedented challenges in foreign investment sectors. The incentive for China to adopt a concessional approach is to acquire the positive momentum it needs from the trade war to ensure the reforms follow the country’s agenda and to prevent its opponent from over intervening in Chinese domestic affairs. As a result, China’s foreign investment reforms were implemented successfully during the trade war, and China did not really lose much even though it chose to be concessional.
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Wang, Mengsu (Georgetown University, 2018)With a recent trend of possible trade war between the United States and China, international trade has become a hot topic and played a more important role in political world as well as for academic research. This study ...