Even under the pressure of an "investment war" due to rise of China-US #trade tensions,China should not block US companies,and should instead further expand its openness,said a recent report on economic and trade relations between China and the US: cf40.org.cn/uploads/newsle…
This general report,summary of a research program, reviews the evolution of Sino-US relations, shift in US policy toward China, and calls for responding to the Sino-US conflicts with institutional coordination and institutional openness.
The Sino-US #trade conflicts have been escalating since March 2018, triggering #tariff,investment and technology wars, and there is even the possibility of a financial war.This report provides a comprehensive analysis of the conflicts in these four areas:
Tariff War: The most important impact on China is the impact on expectations on China’s opening-up.
Investment War: National discrimination against Chinese #investment in the US.
After the Trump administration took office, China's direct investment in the US displayed a rapid downtrend in 2017 and 2018.
Technology War: #China needs to respond rationally to the signs of Sino-US technology decoupling.
China and the US should try to work together to promote the formation of an reciprocal, effective and comprehensive multilateral rule on international technology transfer.
Financial War: Given the high lethality of US financial sanctions, China needs to carefully form a long-term plan on its response.
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