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This seminar explores the shifts in the US-China economic relationship, from trade deficits to manufacturing supply chains and foreign direct investment. It examines the impact of China's economic slowdown on commodity prices and job displacement in the US.
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FROM TRUMP RHETHORIC TO THE REALITIES OF CHIMERICA BRICS Seminar, Departamento de Economia UAM, Azcapotzalco, June 8, 2017 Guilhem Fabre, Université Paul Valery, Montpellier 3
US TRADE BALANCE WITH CANADA, MEXICO, CHINA & RoW, 2002-2015
US TRADE BALANCE IN GOODS & SERVICES AS PERCENT OF GDP, 2000-2016
CHANGES IN US-CHINA ECONOMIC RELATIONSHIP AFTER THE 2008 GFC
REAL GROWTH RATE OF PER CAPITA HOUSEHOLD INCOME, CHINA & OECD
MANUFACTURING OUTPUT SINCE 1970 : TOP FIVE COUNTRIES IN 2014
CHINA AS THE WORLD’S FACTORY • 1991-2012 = Rise of Chinese global share of manufacturing : from 4,1 to 24 % • 1991-2013 : Rise of Chinese global share of manufacturing exports: from 2,3 to 18,8 % • EFFECTS ON GLOBAL MANUFACTURING SUPPLY • POSITIVE EFFECTS ON COMMODITIES : LATIN AMERICA
US JOBS DISPLACED BY THE TRADE DEFICIT WITH CHINA SINCE 2001
Effect of a $1000 per workerincrease in imports from China on U.S. govt. tranfers
CHINA PROCESSING EXPORTS AS SHARE OF TOTAL EXPORTS 1995-2017
U.S EMPLOYMENT OF FOREIGN AFFILIATES BY MAJOR REGIONS, 2000-2014
INWARD & OUTWARD STOCK OF FDIBY MAJOR REGION & COUNTRY, 2015
MARKET CAPITALIZATION OF US-LISTED CHINESE COMPANIES. BY INDUSTRY, 2016