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JOURNAL OF APPLIED BUSINESS AND ECONOMICS
The U.S.-China Trade Friction: Causes and Proposed Solutions
Author(s): Suk Hi Kim, Mario Martin-Hermosillo, Junhua Jia
Citation: Suk Hi Kim, Mario Martin-Hermosillo, Junhua Jia, (2014) "The U.S.-China Trade Friction: Causes and Proposed Solutions," Journal of Applied Busniess and Economics, Vol. 16, Iss. 5, pp. 63-73
Article Type: Research paper
Publisher: North American Business Press
Abstract:
The U.S.–China trade relationship has undergone tremendous growth since 1979, when the United States
and China established their diplomatic relationship. The trade volumes have increased dramatically after
China joined the World Trade Organization in 2001. However, the trade relationship between the two
countries has recently experienced some setbacks—specifically in terms of the huge U.S. trade deficit with
China, currency manipulation by the Chinese government, and China’s failure to enforce laws to protect
the intellectual property rights of U.S. companies. This article discusses the three major issues of the USChina
trade relations: burdens, causes, and solutions.
