Economic activity declined slightly on average, employment was roughly flat...
2024-02-07 53 英文报告下载
Skepticism toward China has increased among Americans over the two years since we issued our first report commissioned by USCBC. Surveys from the Pew Research Center indicate 83% of Americans now have an unfavorable opinion of China (up from 73% in 2020), mostly driven by geopolitical concerns and lack of reciprocity in business partnerships. 4 The continued negative views of China are also reflected in American politics: despite President Biden’s occasional criticism of the tariffs increased by his predecessor, they have mostly stayed in place. Moreover, the Biden administration has gone further, imposing significant export controls that restrict the export of high-end “dual use” technologies. As the tariff measures imposed by the Trump administration in 2018 are under a mandatory four-year statutory review by the Biden administration, US policymakers are debating the future of the US-China trade relationship, weighing the economic benefits of the relationship against arguments for a tougher approach to China. The impacts of past US-China trade integration have been extensively studied in business and academia and summarized in detail in previous reports by Oxford Economics in collaboration with USCBC. 5 These and other studies mostly agree that that the sourcing of manufacturing inputs and consumer goods from China has lowered US consumer prices, 6 increased the competitiveness of American multinationals, and created jobs in the US, generating a net economic benefit to the US economy.