Based on a wide range of sources, the article analyzes the impact of China's trade and economic relations with the United States. Several periods of interaction between countries after the end of World War II are considered. Special attention is paid to the period of restoration of diplomatic relations since 1979. Based on various sources and historiography, the author analyzes the researchers' points of view on the impact of economic issues on the relations between the two countries. In the course of the research, the author came to the conclusion that an important aspect in the direction of the foreign economic policy of the People’s Republic of China in the first post-war years was the ideological factor. The article presents an analysis of changes in the vector of China's foreign policy in different periods. The main ways of interaction between the United States and China are described, depending on changing foreign policy doctrines. The reforms launched in 1978 provided China with economic growth and a growing prestige on the world stage, which is still present today. The rapprochement between the United States and China after the collapse of the Soviet Union in 1991 brought certain economic benefits for the two countries. However, the aggravation of relations between the countries in the new Millennium provides an opportunity for new assessments of the PRC's position on the world stage. Trump’s coming to power in the United States is regarded as an economic war between the two countries. China's increased investment capacity and technological independence make it an attractive partner for other countries, which in turn has a negative impact on trade with America. The most important thing in this situation is the fact that the globalization of the world economy caused by scientific and technological progress, including the rather close interweaving of the US and Chinese economies, contradicts the national interests of both countries, which are trying to strengthen their positions and role in the world economy. Based on the analyzed material, the author comes to the conclusion that recently the foreign policy relations between China and the United States directly depend on the economic interests of the parties.
China – Cooperation and rivalry in today's interdependent world: Will pandemic change the trends?