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The impact of American re-industrialization on China

Views:0     Author:Site Editor     Publish Time: 2016-07-16      Origin:Site Inquire

On February 17, 2009, US President Barack Obama signed the \"2009 American Recovery and Reinvestment Act\", which launched an economic stimulus plan totaling more than $700 billion. Among them, infrastructure, scientific research, education, renewable energy, smart grid, Medical informatization and environmental protection have become the focus of government investment.

With the development of US re-industrialization, the export environment of Chinese enterprises will further deteriorate. China has been in a trade surplus for a long time and has huge industrial advantages, but the United States has proposed that industrialization will worsen China's export economic situation in many ways. First, European and American countries have increased trade protection in the domestic market through trade barriers, anti-dumping, anti-subsidy and other trade protection measures to curb the domestic market’s import demand for China’s labor-intensive and low value-added trade products, thereby reducing the capacity of Chinese export companies And export volume. Second, the United States uses more advanced technology and industrial scale to manufacture commodities at lower cost, thereby squeezing China's international market. Third, using its voting rights in international organizations such as the WTO, to promote the design of systems that are conducive to its own export companies in the formulation of relevant international trade rules, increase control of high-tech industries and market monopolies, and crowd out international markets against China Demand for intermediate and end products.

Re-industrialization in the United States will be a long-term project, and its impact on China may not be obvious in the short term, but in the long run, China’s export situation is not optimistic.

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