How US-China Trade War Affect International Study Market
- DOI
- 10.2991/aebmr.k.220307.297How to use a DOI?
- Keywords
- Studying abroad; International education market; US-China trade war
- Abstract
The China-US trade war began in 2018. It is the main background for this research report. This study illustrates the negativity of trade war in various aspects by utilizing the Chinese international education market in the US as an example, finally proposing solutions to lessen the conflicts and save the loss for both sides. From the international education market, four aspects of influence have been discussed: inappropriate policy, deteriorated economy, culture discrimination, and technology restriction. The main findings include the benefits and loss of education agencies on both sides. It also resulted in the higher financial burden of the US government due to the leak of Chinese students. Intensive cultural discrimination in the US causes unsafety; the study preference change due to the restriction in policy that restrains Chinese students from enrolling in universities learning advanced subjects. This paper also concludes that the impacts of the trade war were purely detrimental. As the Chinese education market in America always provided the chance of reaching mutually beneficial trades, the US should stop the unreasonable restriction on students from China to give a space to allow the education market to recover and come back to its track.
- Copyright
- © 2022 The Authors. Published by Atlantis Press International B.V.
- Open Access
- This is an open access article under the CC BY-NC license.
Cite this article
TY - CONF AU - Rose Liu AU - William Wu PY - 2022 DA - 2022/03/26 TI - How US-China Trade War Affect International Study Market BT - Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022) PB - Atlantis Press SP - 1806 EP - 1812 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.220307.297 DO - 10.2991/aebmr.k.220307.297 ID - Liu2022 ER -