The Global Value Chains Effects of East Asia on the United States and the Sino-US Trade Transfer Imbalance

DOI

10.2991/icemss-14.2014.105How to use a DOI?

Keywords

global value chains, the Sino-US trade, transfer imbalance, East Asia, trade flows

Abstract

As East Asia is covered by the global value chains rapidly, the increase of the US trade deficit with China and the decrease of the US trade deficit with East Asia occur simultaneously. Therefore, this paper analyzes the present Sino-US trade imbalance from this perspective. It explains the characteristics of the global value chains established by the US multinationals in East Asia, reveals the reasons of the rapid development of trade based on the global value chains in East Asia, calculates and analyzes the trade combina-tion degree of the global value chains among East Asia, China and the US, in order to reflect the trade pattern and trade flows that China imports intermediate goods from East Asia, and exports final goods to developed countries after assembly more clearly, and ex-plain the Sino-US trade transfer imbalance formed by the vertical transfer of the global value chains.

Copyright

© 2014, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Lin Kong
PY  - 2014/08
DA  - 2014/08
TI  - The Global Value Chains Effects of East Asia on the United States and the Sino-US Trade Transfer Imbalance
BT  - Proceedings of the 2nd International Conference on Education, Management and Social Science
PB  - Atlantis Press
SP  - 378
EP  - 381
SN  - 2352-5398
UR  - https://doi.org/10.2991/icemss-14.2014.105
DO  - 10.2991/icemss-14.2014.105
ID  - Kong2014/08
ER  -