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Singapore sigh United States stop the Chinese final blow
发布时间:2010/3/22  阅读次数:1584  字体大小: 【】 【】【

For the US-China trade war, people mostly believe that the disadvantage is that China, because China has asked the United States than the United States needs China. On the surface this is the case, but if the analysis of bilateral trade and demand structure, the United States in trade war may not be able to win even if we can win, given the current level of bilateral economic exchanges between the deep, they will be "Kill a thousand, since the Loss 800. " A specific analysis, a total of four advantages:

Advantage 1: "The U.S. market lost" can withstand

At present, the United States are each other's second and third largest export market. China's foreign exports, the U.S. proportion of 13.5%, which is nearly three times U.S. exports to China. From this point of view, a trade war against China is indeed more disadvantageous position. However, according to the situation last year, and then see where to go that bad. Because even if all of the U.S. market due to a trade war is lost, for China, exports are down to last year's worst levels. Of course, the fact that this is not possible. In view of China is pushing forward urbanization strategy, US-China trade war damaged business unemployed persons, entirely absorbed by accelerating the process of urbanization.

Advantage 2: The U.S. resumed exports of hard to lack of Chinese

On the other hand, although the Chinese market to be less than the U.S. market, but growth and future development trends, China is the United States for many years the fastest-growing export market, with the difference would be with China's expansion of domestic demand was further reduced. This has been manifested in two different markets last year, exports fell on. China's exports to the U.S. fell 12.5% last year, could the U.S. exports to China fell by only 4.8%. Therefore, export growth, the United States in the trade war will be even greater in the loss. Obama is planning to build the United States caused by re-exporting countries to fight in the current situation, there is no market in China, and his dream of big exporter of terror difficult to achieve.

Advantage 3: "made in China" and more "necessary"

Even more unfavorable to the United States, the two countries in exports and the demand structure is different. China's exports to Europe and the United States market, many products are low-priced necessities of life, with a certain amount of export competitiveness and market demand. From last year's export situation, the main labor-intensive exports decline in general smaller, a larger decline in the steel and automotive products. But China's main auto exporters in developing countries. U.S. exports to China, namely, agricultural products, one high-value-added content of products. Although agriculture is also a necessity, but the problem is that China itself is an agricultural producing country, the United States a large number of agricultural products into China, as early as to cause dissatisfaction related industries, trade wars provided a good opportunity for China to reduce opportunities for U.S. agricultural imports, while the U.S. almost all of the enjoy government subsidies of agricultural products. Can be said that the sanctions the United States agricultural products, will strike at U.S. interests in the important interests of agricultural workers, thus affecting the Obama administration decision-making. As for the Big Three auto companies, is dependent on the Chinese market last year, only out of the crisis.

Advantage 4: the ultimate blow to "throw the U.S. Debt"

The above analysis shows that if a trade war, China's largest alternative than the United States. Especially given the United States are still in a "jobless recovery" that residents with limited spending power, the situation is even more so. Of course, the American people can be out of patriotic enthusiasm, and without Chinese products, but China still has a killer , which is to sell U.S. Treasury bonds. While this would hurt themselves, but the lesser of two evils, in the U.S. economic recovery are not yet firmly established to sell its bonds, will inevitably lead to dollar devaluation, it is possible to make the U.S. economy into a long-term decline in the .


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