Economic and Financial Dimensions of the USA-China Relations Cover Image

Икономически и финансови измерения на отношенията САЩ – Китай
Economic and Financial Dimensions of the USA-China Relations

Author(s): Ilian Dimitrov
Subject(s): Politics / Political Sciences, Politics, Economy, Supranational / Global Economy, International relations/trade
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: USA-China relations; USA Trade; China Trade; USA-China Cooperation; International Economic Relations; International Trade
Summary/Abstract: USA and China are the two biggest world economies and, to a great extent, they determine the trends in the global economic development course. The relationship between USA and China resembles Yin and Yang – they are constantly struggling for power while at the same time cannot be without each other. China is the biggest creditor to USA which on its side is an important export market for China. In this paper the author is analysing the reasons, development and future of the USA-China economic partnership. Author’s thesis is that, despite the power battles between USA and China, it is in the common interest of both countries to continue their inter-dependent economic policies beyond the repercussions from the trade and economic disputes. This paper is a brief version of the Master’s degree thesis where author reviews in greatest details the economic relations between USA-China and substantiates the above thesis.