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The Future of U.S.-China Trade Ties
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The Future of U.S.-China Trade Ties

David Dollar
Brookings Institution, 2016
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Editorial Rating

9

Qualities

  • Comprehensive
  • Analytical
  • Innovative

Recommendation

Donald Trump has made stanching the flow of free trade a centerpiece of his plan to bring manufacturing jobs back to America. But how well would choking off trade with China, which ranks first in global exports, actually work? Senior Brookings fellow David Dollar explains in clear, concise language why protectionist trade policies would hurt the United States and how to use better strategies to reverse the loss of jobs and falling wages. getAbstract recommends this illuminating article to policy makers and anyone concerned about the future of global trade.

Take-Aways

  • Though China’s huge trade surpluses have contributed to the loss of US manufacturing jobs, America’s best response is to not give in to protectionist sentiments.
  • While China is free to shop for investments and acquire companies abroad, foreigners are barred from investing in China in sectors such as telecommunications and finance.
  • Rather than strangle trade with China, the United States should restrict the ability of “foreign state enterprises” to invest in American companies, thereby prodding China to lift its investment restrictions.

About the Author

David Dollar is a senior fellow at the Brookings Institution’s John L. Thornton China Center.

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