Analysis of US-China Trade Conflict: Value-added in Trade Perspective

2018 ◽  
Vol 9 (4) ◽  
pp. 1233-1248
Author(s):  
Byeongho Lim ◽  
Junyeop Lee

Subject The evolution of Brazil-China economic relations. Significance China has been Brazil’s largest export partner since 2009. Brazil’s trade surplus with China reached 11.8 billion dollars in 2016 and 18.2 billion in the first nine months of 2017, largely based on exports of primary commodities. In addition to trade, China’s investment interests in the Brazilian economy are rapidly growing, in particular in sectors such as energy, infrastructure and natural resources. Impacts Bilateral trade would benefit from agreements that encompass higher value-added creation in both economies. Chinese investments in Brazil may represent a source of funding without increasing domestic activity in the short term. Closer Brazil-China relations will help to consolidate China’s presence in Latin America. An up-to-date regulatory framework for investments in Brazil will be crucial to make relations work for both countries.


2020 ◽  
Vol 52 (3) ◽  
pp. 368-384
Author(s):  
Hakan Unveren ◽  
Jeff Luckstead

AbstractThis paper builds a comprehensive supply chain model of the US broiler industry that accounts for corn and soybean meal, feed mills, breeders, hatcheries, grow-out farms, broiler processing, value-added processing, and international trade. The model is calibrated and simulated to analyze the effects of (1) corn and soybeans tariffs imposed by China and (2) change in the Canadian tariff-rate quota proposed under US–Mexico–Canada–Agreement. The first scenario indicates that feed price falls while supply increases, which decreases the production costs of breeders and grow-out farms. The second scenario shows that exports to Canada rise at the expense of exports to Mexico.


2015 ◽  
Author(s):  
Paul Veenendaal ◽  
Hugo Rojas-Romagosa ◽  
Arjan Lejour ◽  
Henk LM Kox

2015 ◽  
Vol 42 (6) ◽  
pp. 64-87 ◽  
Author(s):  
Maria Cristina Pereira de Melo ◽  
Jair do Amaral Filho

Sino-Brazilian trade reached record levels in 2010. At the core of this phenomenon was the return to a primary production structure reinforced by the difficulty of diversifying exports of Brazilian manufactures of higher value added and technological content. Brazilian imports have revolved around the acquisition of manufactures similar to the ones produced in Brazil and with a sophisticated technological profile. The results of this trade tie are related to differences in the development agendas of the two countries, especially their industrial policies. Em 2010, o volume do comércio sino-brasileiro ultrapassou níveis anteriormente re-gistrados. O cerne desse fenômeno foi um retorno à estrutura de produção calçada no setor primário. Ademais, esse retorno foi reforçado pela dificuldade em diversificar as exportaçãoes dos manufaturados brasileiros de alto valor agregado e conteúdo tecnológico. As importações brasileiras estão centradas na aquisição de manufaturas similares às produzidas no Brasil e que apresentam um perfil tecnológico sofisticado. Os resultados desses laços comerciais correspondem às diferenças nas agendas de desenvolvimento dos dois países, especialmente suas respectivas políticas industriais.


2019 ◽  
Vol 20 (1) ◽  
pp. 70-93
Author(s):  
Sunandan Ghosh ◽  
Manmohan Agarwal ◽  
Adrita Banerjee

This article seeks to provide an overview of the evolution and analyses the changing composition of trade between India and China over the period 1983–2017. We find that Chinese exports are almost completely concentrated in manufactures, especially finished equipment goods, whereas Indian exports consist of both agriculture and manufactures and over time have shifted predominantly to intermediate goods. Further, both the countries are exporting those commodities to each other in which they have a revealed comparative advantage, with China’s exports being more diversified. We employ vector error correction estimation and show that China’s exports to India are dependent on India’s household consumption expenditure, while India’ exports to China are correlated to Chinese manufacturing value added. Finally, we calculate the share of each country’s commodity-wise export to the partner in their respective total exports with a view to studying prospects for India–China trade. We conclude that for further trade expansion, diversification is extremely necessary, and Indian exports of inputs to Chinese industries need to change substantially to accommodate the changing nature of China’s industrial structure. JEL: F14, F15, O24


2020 ◽  
Vol 4 (4) ◽  
pp. 18-28
Author(s):  
He Shuquan ◽  
Sora Ju

This paper concentrated on how US-China Trade conflicts would have impacts on Korean economy. Making the best use of WIOTs (World Input Output tables), this research focused on value added contents in trade instead of traditional trade statistics in the light of double-counting problem. Thus, the paper set two feasible bad-case scenarios: when China and US’s GDP fall and when China and US’s exports fall. Making a comparison of the results from the two models, the ripple effects that Korea would suffer from are bigger in China’s case. Even though it is under the same condition where China and US’s GDP identically fall by 1%, China’s case would bring about stronger impacts on Korea. In a nutshell, the outcome illustrates that the extent of the damage that Korea would undergo is always larger in China’s bad-case scenarios compared to US’s bad-case scenarios which reveals that Korea is more associated with China than US in global value chains. The findings of the analysis are arranged and diagrammed in a table as follows. Keywords: China, US, China-US Trade War, Korean Economy, WIOTs.


2020 ◽  
Vol 56 (88) ◽  
pp. 13611-13614
Author(s):  
Jialu Wang ◽  
Xian Zhang ◽  
Guozhong Wang ◽  
Yunxia Zhang ◽  
Haimin Zhang

A new type of direct 5-hydroxymethylfurfural (HMF) oxidation fuel cell based on a bifunctional PtNiSx/CB catalyst not only transformed chemical energy into electric energy but also converted HMF into value-added 2,5-furandicarboxylic (FDCA).


2020 ◽  
Vol 7 (21) ◽  
pp. 3515-3520
Author(s):  
Wubing Yao ◽  
Jiali Wang ◽  
Aiguo Zhong ◽  
Shiliang Wang ◽  
Yinlin Shao

The selective catalytic reduction of amides to value-added amine products is a desirable but challenging transformation.


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