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Profound Changes of the World and China-US Trade Disputes

Received: 22 September 2019     Accepted: 15 October 2019     Published: 23 October 2019
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Abstract

We are facing profound changes in the world in the 21st century. Various contradictions in the world become more intensive. Deep globalization has promoted a more integrated and efficient human society. Meanwhile, it has become more unbalanced, uncertain and contradictory. The movement of contradictions in the world tends to go from extremes to opposites. The development of human society will see the emergence of several civilization centers, instead of one civilization center taking the place of another. The current China-US trade disputes is one of the important appear of the profound change. The contradictory movements of China-US economic and trade relations are eternal while constants are relative, but changes in the basic structure of China-US relations will take place over a long period of time. The China-US trade problem is actually an imbalance problem, reflectsing the deep-seated and complex contradictions between developed and emerging developing countries in the global transformation. To solve the current China-US trade war, we need to take a balanced line. The China-US trade problem has accumulated over the past decades, and it will take some time to solve them. A scrutiny of China-US trade disputes in the profound changes of the world and the context of modernization shows that China has been working to address many of the issues of concern, which complies with China’s general direction of reform and opening-up and its goal to achieve all-round modernization. The most important thing both of China-US need to consider is not a win-or-lose outcome, but how to convert the fierce trade war to normal trade disputes and how to obtain a leading position in morals, strategies and tactics in the game between major countries. To this end, methods of balanced thinking need to be adopted for proper handling of five major relationships. We need to understand, tolerate and compromise each other. We need to discuss and negotiate the balanced solutions to the problem. This is the requirement of the law of balance. What is the Profound Changes of the world? What is the essence and reason of the profound changes? How should we deal with such profound changes? How do we view China-US trade disputes in the profound changes of the world. This paper attempts to give a preliminary analysis on these questions. This paper is a special research project of the National Social Science Fund, "Research on the joint development of China", the "one belt and one road" initiative and the United Nations sustainable development agenda.

Published in International Journal of Economics, Finance and Management Sciences (Volume 7, Issue 5)
DOI 10.11648/j.ijefm.20190705.12
Page(s) 162-169
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2019. Published by Science Publishing Group

Keywords

Profound Changes, China-US Trade Disputes, Balanced Approach

References
[1] [Poland] Piotr Sztompka, The Sociology of Social Change, trans. Lin Juren et al, Peking University Press, 2011 (first edition), p. 83.
[2] Lin Yifu, New Structural Economics, Peking University Press, 2012, pp. 87-89.
[3] Documents of the 19th National Congress of the Communist Party of China, People’s Publishing House, October 2017, pp. 1-10.
[4] BlackRock’s Larry Fink says there aren’t any indicators of worldwide recession within the subsequent 12 months – CNBC April 20, 2019.
[5] https://www.thewealthadvisor.com/article/morgan-stanley-warns-tariffs-could-likely. lead to an economic recession, May 13, 2019.
[6] Zou Lixing. (2018). The Great Balance: The Logic of Development (May 2018 edition, p. 333). Beijing: People’s Publishing House.
[7] Keynote speech by Xi Jinping at the opening ceremony of the 2018 Boao Forum for Asiaon 10 April, 2018.
[8] Transcript of Liu He’s interview with the media on May 10, 2019.
[9] Collection of Documents of the 19th CPC National Congress. (October 2017) (p. 7). People’s Publishing House.
[10] Zou Lixing. (2018). The Great Balance: The Logic of Development (May 2018 edition, pp. 125-126). Beijing: People’s Publishing House.
[11] Speech by Liu Yadong at the 2018 World Forum on Scientific and Technological Innovation at Beijing Conference Center.
[12] Zou Lixing. (2019). System science methods and study of systematic risks. Journal of Dongbei University of Finance and Economics (2), pp. 67-74.
[13] Zou Lixing. (2018). Deep-lying causes and countermeasures of China-US trade frictions. Xin Li Cai (5), pp. 9-12.
[14] https://nationalinterest.org/blog/buzz/china-vs-america-how-war-south-china-sea-could-start-by Kerry K. Gershaneck, James E. Fanell. April 08, 2019.
[15] Zou Lixing. (2019). Mutual trust and cooperation required in BRI. Xin Li Cai (5), pp. 42-43.
[16] Xi Jinping met with foreign leaders attending the Conference on Dialogue of Asian Civilizations, May 15, 2018.
[17] Xue Zhaofeng. (2018). Economics lecture Notes (July 2018 edition, p 268), Beijing: Zheng Xin Publishing House.
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    Zou Lixing. (2019). Profound Changes of the World and China-US Trade Disputes. International Journal of Economics, Finance and Management Sciences, 7(5), 162-169. https://doi.org/10.11648/j.ijefm.20190705.12

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    Zou Lixing. Profound Changes of the World and China-US Trade Disputes. Int. J. Econ. Finance Manag. Sci. 2019, 7(5), 162-169. doi: 10.11648/j.ijefm.20190705.12

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    AMA Style

    Zou Lixing. Profound Changes of the World and China-US Trade Disputes. Int J Econ Finance Manag Sci. 2019;7(5):162-169. doi: 10.11648/j.ijefm.20190705.12

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  • @article{10.11648/j.ijefm.20190705.12,
      author = {Zou Lixing},
      title = {Profound Changes of the World and China-US Trade Disputes},
      journal = {International Journal of Economics, Finance and Management Sciences},
      volume = {7},
      number = {5},
      pages = {162-169},
      doi = {10.11648/j.ijefm.20190705.12},
      url = {https://doi.org/10.11648/j.ijefm.20190705.12},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20190705.12},
      abstract = {We are facing profound changes in the world in the 21st century. Various contradictions in the world become more intensive. Deep globalization has promoted a more integrated and efficient human society. Meanwhile, it has become more unbalanced, uncertain and contradictory. The movement of contradictions in the world tends to go from extremes to opposites. The development of human society will see the emergence of several civilization centers, instead of one civilization center taking the place of another. The current China-US trade disputes is one of the important appear of the profound change. The contradictory movements of China-US economic and trade relations are eternal while constants are relative, but changes in the basic structure of China-US relations will take place over a long period of time. The China-US trade problem is actually an imbalance problem, reflectsing the deep-seated and complex contradictions between developed and emerging developing countries in the global transformation. To solve the current China-US trade war, we need to take a balanced line. The China-US trade problem has accumulated over the past decades, and it will take some time to solve them. A scrutiny of China-US trade disputes in the profound changes of the world and the context of modernization shows that China has been working to address many of the issues of concern, which complies with China’s general direction of reform and opening-up and its goal to achieve all-round modernization. The most important thing both of China-US need to consider is not a win-or-lose outcome, but how to convert the fierce trade war to normal trade disputes and how to obtain a leading position in morals, strategies and tactics in the game between major countries. To this end, methods of balanced thinking need to be adopted for proper handling of five major relationships. We need to understand, tolerate and compromise each other. We need to discuss and negotiate the balanced solutions to the problem. This is the requirement of the law of balance. What is the Profound Changes of the world? What is the essence and reason of the profound changes? How should we deal with such profound changes? How do we view China-US trade disputes in the profound changes of the world. This paper attempts to give a preliminary analysis on these questions. This paper is a special research project of the National Social Science Fund, "Research on the joint development of China", the "one belt and one road" initiative and the United Nations sustainable development agenda.},
     year = {2019}
    }
    

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Author Information
  • China Center for Modernization Research of Chinese Academy of Sciences, Beijing, P. R. China

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