US-China trade relationship under Joe Biden administration: A theoretical prediction

Document Type : Original Article

Author

Business School, Sichuan University, China

Abstract

This paper has made an attempt to theoretically predict US-China trade relationship under Joe Biden administration formed after the US presidential election in 2020. The author has utilized the published sources such as journal articles, newspapers and Internet to sought information. The author argues that, after evaluating the information, China will continually be under pressure regarding the bilateral trade from the current US administration. The pressure will be the outcome of aggregate US national interest (trade and political) and the long term US opposing culture against China’s rise (economically and politically). However, the author further expects that such opposition will not be as severe as the Trump administration’s period. The papers is expected to be useful for the trade analysis, MNCs and researchers alike for conducting new policy analysis and further research investigations regarding bilateral trade in a disputed political context.

Keywords


Boylan, B. M., McBeath, J., & Wang, B. (2020). US–China Relations: Nationalism, the Trade War and COVID‑19. Fudan Journal of the Humanities and Social Sciences. Available at:https://doi.org/10.1007/s40647-020-00302-6 [Accessed on: 24 May, 2021].
China-briefing.com. US-China relations in the Biden era: A timeline. Available at:https://www.china-briefing.com/news/us-china-relations-in-the-biden-era-a-timeline/ [Accessed on: 6 June, 2021].
Cnbc.com. Biden administration’s first meeting with China was a success.  Available at: https://www.cnbc.com/video/2021/03/19/biden-admins-first-meeting-with-china-was-a-success-says-longview-globals-mcneal.html [Accessed on 6 June, 2021].
Dadgar, Y. (2020). Economics and politics: Editorial note. International Journal of Economics and Politics, 1(1), 1-9.
Forexcrunch.com. US / Sino trade relations are back in focus. Available at: https://www.forexcrunch.com/us-sino-trade-relations-are-back-in-focus/ [Accessed on: 6 June, 2021].
Hosain, M. S. (2019). Huawei ban in the US: Projected consequences for international trade. International Journal of Commerce and Economics, 1(2), 22-25.
Hosain, M. S., & Hossain, M. S. (2019). US-China trade war: Was it really necessary. International Journal of Business and Economics, 4(1), 21-32.
The Guardian (October 25, 2020). China raises US trade tensions with warning of ‘new cold war’. Available at:https://www.theguardian.com/world/2020/may/24/china-raises-us-trade-tensions-with-warning-of-new-cold-war [Accessed on: 17 May, 2021].
 
Volume 2, Issue 2
2021
Pages 229-237
  • Receive Date: 19 August 2021
  • Accept Date: 19 August 2021
  • First Publish Date: 19 August 2021
  • Publish Date: 01 October 2021