China Can Apply Economic Pressure

Read this recent Washington Quarterly essay by James Reilly of the University of Sydney on “China’s Unilateral Sanctions” – recommended by Austin M.

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One thought on “China Can Apply Economic Pressure

  1. dianwang2012

    Appreciate the valuable sharing from Austin. At the same time, I have another idea, from my own perspective, it is still very difficult for China to apply Economic pressure towards some certain strong nations, such as United States. Currently, China’s economic growth model is still Fixed-Asset-Investment and Export-Oriented. Due to a large amount of population, China experienced a series of domestic problems, such as the gap between the rich and poor, differences in regional development between the costal and inland area, environmental pollutions. Only a sustainable high GDP growth rate could differ and offset these complex domestic contradictions. This fact makes Chinese Government to compromise in some international economic issues to exchange a stable regional environment to achieve a stable economic development. For example, in the past several years, in the past 10 years, when US intended to Judge China as a Currency manipulator, the Beijing Government will purchase a large amount of Boeing Aircraft(2005, 2008, 2010) from US to quell the event, which could seize the sustainable development of China’s international trade volume. It reflected a still weak position of China in the International trade and issues.

    Reply

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