Proceedings of the 2022 7th International Conference on Social Sciences and Economic Development (ICSSED 2022)

US-China Trade Conflict and the Dynamics of Chinese Semiconductor Companies’ Stock Prices

Authors
Yihan Wang1, *
1Wuhan University, Wuhan, Hubei, China
Corresponding Author
Yihan Wang
Available Online 29 April 2022.
DOI
10.2991/aebmr.k.220405.250How to use a DOI?
Keywords
U.S.-China trade conflict; semiconductor industry; stock yield volatility; tariff hikes
Abstract

Beginning in the spring of 2018, the U.S.-China trade conflict officially began. This paper focuses on the impact of several U.S. tariff increases on China on Chinese exports in this context. As the U.S. stopped supplying chips to China and clamped down on Chinese semiconductor industry sales in the U.S., it led to a stock market shock in the Chinese semiconductor industry. Using the empirical results in the daily stock indices so far in 2018, it can be concluded that the impact of the U.S. tariff hikes on China’s semiconductor industry is temporary and, on the contrary, may have a greater impact on the U.S. import and export trade. Not only that, this action could activate the development of Chinese national technology in the short term. The U.S. sanctions against China also further illustrate that China, as the second-largest economy in the world, has threatened the economic position of the U.S., and therefore the tariff increase is nothing more than a threat to control China.

Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article distributed under the CC BY-NC 4.0 license.

Download article (PDF)

Volume Title
Proceedings of the 2022 7th International Conference on Social Sciences and Economic Development (ICSSED 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
29 April 2022
ISBN
978-94-6239-572-5
ISSN
2352-5428
DOI
10.2991/aebmr.k.220405.250How to use a DOI?
Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article distributed under the CC BY-NC 4.0 license.

Cite this article

TY  - CONF
AU  - Yihan Wang
PY  - 2022
DA  - 2022/04/29
TI  - US-China Trade Conflict and the Dynamics of Chinese Semiconductor Companies’ Stock Prices
BT  - Proceedings of the 2022 7th International Conference on Social Sciences and Economic Development (ICSSED 2022)
PB  - Atlantis Press
SP  - 1491
EP  - 1497
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220405.250
DO  - 10.2991/aebmr.k.220405.250
ID  - Wang2022
ER  -