How did the last economic crisis affect the relations between US and China?
How did the last economic crisis affect the relations between US and China?
Table of contents Page
Introduction ..............................................................................................................................2
US-China complex interdependence .......................................................................................3
US-China trade transaction ......................................................................................................5
Investment ................................................................................................................................6
Migrations flow ........................................................................................................................7
Reduction of expenditure in US budget ..................................................................................7
Smart reduction ........................................................................................................................8
Conclusion ...............................................................................................................................9
Bibliography ............................................................................................................................11
Introduction
The purpose of this paper is to investigate the financial crisis of 2008 and the resulting consequences for the two biggest powers in the world, United States and China. It also examines the relationships between US and China both before and after the financial crises.
The current crisis has swept the world with special emphasis in developed countries, those countries which have most of the gross world product and have a high level of living. Even those who are not experts can describe the consequences of the crisis by the reality that can be, but how far this crisis will go is impossible to
Table of contents Page
Introduction ..............................................................................................................................2
US-China complex interdependence .......................................................................................3
US-China trade transaction ......................................................................................................5
Investment ................................................................................................................................6
Migrations flow ........................................................................................................................7
Reduction of expenditure in US budget ..................................................................................7
Smart reduction ........................................................................................................................8
Conclusion ...............................................................................................................................9
Bibliography ............................................................................................................................11
Introduction
The purpose of this paper is to investigate the financial crisis of 2008 and the resulting consequences for the two biggest powers in the world, United States and China. It also examines the relationships between US and China both before and after the financial crises.
The current crisis has swept the world with special emphasis in developed countries, those countries which have most of the gross world product and have a high level of living. Even those who are not experts can describe the consequences of the crisis by the reality that can be, but how far this crisis will go is impossible to
Bibliography: Clarke, Paul. "Interdependence Theory, China and American Security Interests." The Nature of US-Chinese Economic Interdependence, May 11, 2006. Greenstone, Michael, and Adam Looney. Brookings. February 20, 2013. http://www.brookings.edu/ (accessed November 28, 2013). Hills, Carla A. China.org.cn. December 19, 2012. http://www.china.org.cn/ (accessed December 5, 2013). Ignatieff, Michael. New York Time. October 2, 2008. www.nytimes.com (accessed December 1, 2013). Morrison, Wayne M. "China-U.S. Trade Issues ." U.S. Trade with China, August 4, 2011: 1. Riley, Charles. Obama unveils $3.8 trillion budget. CNNMoney, February 13, 2012. Spar, Karen. "Budget “Sequestration” and Selected Program Exemptions and Special Rules." Office of Management and Budget (OMB) Calculation of March 2013 Sequester, March 22, 2013: 4. Stephen Yiu, Peter Fung. "Investment in People 's republic of China." Introduction, 2012: 6-8. Wang, Dong. "Journal of Current Chinese Affairs." China’s Trade Relations with the United States in Perspective, 2010: 3.