Economics-based Principles for a Post-conflict China-US Commercial Regime  

作　　者：Adam S. Posen 

机构地区：[1]Peterson Institute for Intemational Economics

出　　处：《China & World Economy》2018年第5期2-11,共10页中国与世界经济（英文版）

摘　　要：Neither the Chinese nor US economic systems will fundamentally change as a result of overt trade conflict. The challenge for policy-relevant economics is to design a regime for China-US commerce that accepts the co-existence but also addresses underlying disputes. Many important China-US disputes, notably those over intellectual property protection and state subsidies, cannot be resolved by the World Trade Organization, thus new institutions must be built. Economics-based regime principles should entail recognition that： the China-US bilateral trade imbalance is unique mainly because of macroeconomic and financial factors, not trade; agreements should restrict commercial and government behaviors, not target economic outcomes; Chinese companies must compete and be allowed to succeed in any sector, including high-technology; China is not entitled to US-owned technology, thus intellectual property rights must be enforced; and the US Government should support an increased role for China in global economic governance.Neither the Chinese nor US economic systems will fundamentally change as a result of overt trade conflict. The challenge for policy-relevant economics is to design a regime for China-US commerce that accepts the co-existence but also addresses underlying disputes. Many important China-US disputes, notably those over intellectual property protection and state subsidies, cannot be resolved by the World Trade Organization, thus new institutions must be built. Economics-based regime principles should entail recognition that： the China-US bilateral trade imbalance is unique mainly because of macroeconomic and financial factors, not trade; agreements should restrict commercial and government behaviors, not target economic outcomes; Chinese companies must compete and be allowed to succeed in any sector, including high-technology; China is not entitled to US-owned technology, thus intellectual property rights must be enforced; and the US Government should support an increased role for China in global economic governance.

关 键 词：China-US relations commercial policy high-technology competition trade conflict 

分 类 号：F224.12[经济管理—国民经济] F743