Critical Issues Confronting China — International Trade

Critical Issues Confronting China

| 中國大問題

Mark Wu, Henry L. Stimson Professor of Law, Harvard Law School; Faculty Director, Fairbank Center for Chinese Studies, Harvard University

Eyck Freymann, Hoover Fellow, Stanford University

Hugo Bromley, Postdoctoral Research Associate, Centre for Geopolitics, University of Cambridge

Ambassador Robert E. Lighthizer, 18th United States Trade Representative (2017-2021)

William P. Alford
Harvard Law School

Jie Bai
Harvard Kennedy School

Idriss Fofana,
Harvard Law School

William C. Kirby
Harvard Business School

Daniel Koss
Department of East Asian Languages and Civilizations, Harvard University

Rana Mitter
Harvard Kennedy School

Mark Wu
Harvard Law School

Why You Should Read It: This article evaluates how the U.S.-China strategic rivalry is driving both firms to decouple their supply chains. It evaluates why supply chains became so entangled in the first place and which types of decoupling actions are likely to succeed in reducing dependency on China.

Why You Should Read It: This article analyzes how Chinese firms are responding to the trade war by re-routing their goods through third markets. Using Vietnam and the 2018 trade war as a case study, it helps readers understand how Chinese firms use trans-shipment and production re-location as two strategies to evade tariffs.

Why You Should Read It: Scholars who pioneered research on how China’s trade practices negatively impact American workers offer a stern warning that we stand on the cusp of a second shock, focused this time on technology and advanced manufacturing. They caution that the impact will be even worse than what was experienced in the early 2000s.

Why You Should Read It: This article argues that while full decoupling may prove impractical, China’s trading partners should develop strategies to quickly decouple from China in the event of a crisis. Putting a contingency plan in place will reduce the likelihood of conflict.

Why You Should Read It: This article explains why China’s unique economic structure is causing trade tensions that the World Trade Organization will prove unable to address.

Why You Should Read It: This research discusses the negative impact of increased Chinese imports on the United States. It highlights how greater Chinese import competition not only led to job losses but also devastated local communities.