Impact of China-US trade war on China’s import and export structure
DOI:
https://doi.org/10.61173/3hw0se44Keywords:
trade war, import and export structure, China-US tradeAbstract
This article examines the impact of the China-US trade war on China’s import and export structure. The article highlights the rise of protectionism amidst the deceleration of economic globalization. The outbreak of the China-US trade war in 2018 and the UK’s departure from the EU are illustrative examples of this trend. It analyzes the impact of the trade war on trade flows and sectoral adjustments. The conclusion states that the trade war has decreased trade between China and the US. China has established alternative partnerships with Brazil, Germany, Japan, Argentina, and the UK. Additionally, there has been a slight decline in the proportion of imported industrial goods. The long-term effects of the trade war on China’s import and export structure continue to evolve.
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