U.S. economic security and the challenge from China

Peter Morici ()
Additional contact information
Peter Morici: University of Maryland

Business Economics, 2019, vol. 54, issue 3, No 6, 169-172

Abstract: Abstract The Chinese economic system is based on the concept of autocracy and state-directed capitalism. The Chinese challenge is playing out in four theaters: trade, North Korea, the South China Sea, and One Belt One Road. To do all those things requires dollars: trade provides the dollars. I don’t believe that it is possible to resolve the trade problems with China within the WTO system and provide an equitable playing field. But if we isolate ourselves, we’ll give China the world to develop its expertise and resources. The U.S. acting alone may not have much effect on China; the rest of the world needs to be aware of the challenges posed by China.

Keywords: China; Trade; WTO; Tariffs; Economic security (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1057/s11369-019-00124-9 Abstract (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:buseco:v:54:y:2019:i:3:d:10.1057_s11369-019-00124-9

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/11369

DOI: 10.1057/s11369-019-00124-9

Access Statistics for this article

Business Economics is currently edited by Charles Steindel

More articles in Business Economics from Palgrave Macmillan, National Association for Business Economics Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().