{"id":3940,"date":"2018-07-19T00:04:34","date_gmt":"2018-07-19T00:04:34","guid":{"rendered":"http:\/\/blogs.plymouth.ac.uk\/dcss\/?p=3940"},"modified":"2018-07-19T00:04:34","modified_gmt":"2018-07-19T00:04:34","slug":"how-china-will-bebefit-from-a-trade-war-with-usa","status":"publish","type":"post","link":"https:\/\/blogs.plymouth.ac.uk\/dcss\/2018\/07\/19\/how-china-will-bebefit-from-a-trade-war-with-usa\/","title":{"rendered":"HOW CHINA WILL BEBEFIT FROM A TRADE WAR WITH USA"},"content":{"rendered":"

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Source: The National Interest<\/p>\n

By Huaiyin Li<\/p>\n

The story of China\u2019s rise is well known. Back in 1990, China\u2019s gross domestic product ranked only the eleventh, lagging behind not only the United States, Japan, Germany, France, UK, Italy, Canada and Spain, but also two developing countries, Iran and Brazil.<\/p>\n

After a decade of two-digit growth, in 2000, China replaced Italy to be the sixth largest economy; in 2002, China ranked the fifth in place of France; in 2006 and 2007, it surpassed the UK and Germany, respectively, to be the fourth and then the third; finally, in 2010, China rose to number two, next only to the United States.<\/p>\n

It is even more astonishing when China\u2019s fast-growing economy is compared to each of the major industrial nations. In 1990, China\u2019s output, at $361 billion, was only 6 percent of the level of the United States, but it grew steadily afterwards, to 12 percent in 2000, 31 percent in 2008, and nearly 61 percent (or $1.12 trillion) in 2016.<\/p>\n

In fact, if measured by the PPP of the currencies of these two countries, China\u2019s GDP surpassed that of the United States in 2013 and was 1.14 times the latter, or $2.14 trillion, in 2016.<\/p>\n

The contrast is even starker when compared to Japan. China\u2019s GDP was 11 percent of Japan\u2019s level in 1990 and 25 percent in 2000. In 2010, however, China surpassed Japan for the first time, and it took only four years for China to make its economy twice that of Japan in 2014. In 2016, China\u2019s GDP is 2.4 times Japan\u2019s (or four times Japan\u2019s in terms of PPP-based GDP).<\/p>\n

Read more at: https:\/\/nationalinterest.org\/feature\/how-china-will-benefit-americas-trade-war-25873<\/p>\n","protected":false},"excerpt":{"rendered":"

Source: The National Interest By Huaiyin Li The story of China\u2019s rise is well known. Back in 1990, China\u2019s gross domestic product ranked only the eleventh, lagging behind not only the United States, Japan, Germany, France, UK, Italy, Canada and Spain, but also two developing countries, Iran and Brazil. After a decade of two-digit growth,… Continue reading HOW CHINA WILL BEBEFIT FROM A TRADE WAR WITH USA<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":3941,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-3940","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-security-and-strategy","entry"],"_links":{"self":[{"href":"https:\/\/blogs.plymouth.ac.uk\/dcss\/wp-json\/wp\/v2\/posts\/3940","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.plymouth.ac.uk\/dcss\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.plymouth.ac.uk\/dcss\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.plymouth.ac.uk\/dcss\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.plymouth.ac.uk\/dcss\/wp-json\/wp\/v2\/comments?post=3940"}],"version-history":[{"count":1,"href":"https:\/\/blogs.plymouth.ac.uk\/dcss\/wp-json\/wp\/v2\/posts\/3940\/revisions"}],"predecessor-version":[{"id":3942,"href":"https:\/\/blogs.plymouth.ac.uk\/dcss\/wp-json\/wp\/v2\/posts\/3940\/revisions\/3942"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blogs.plymouth.ac.uk\/dcss\/wp-json\/wp\/v2\/media\/3941"}],"wp:attachment":[{"href":"https:\/\/blogs.plymouth.ac.uk\/dcss\/wp-json\/wp\/v2\/media?parent=3940"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.plymouth.ac.uk\/dcss\/wp-json\/wp\/v2\/categories?post=3940"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.plymouth.ac.uk\/dcss\/wp-json\/wp\/v2\/tags?post=3940"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}