Energy has been the main pillar of the global growth and development. Amongst various sources of energy, oil has the largest share in the global energy consumption. As these energy reserves tend to decline, few regions, most notably the Middle East which has been at the forefront with the largest reserves, can fulfill the rising global energy demand. Even then, in view of its vast energy potent...

Background After the global economic downturn, the economies of the United States and China demonstrate substantial growth opportunities. Among many enterprises, insurance is one hopeful industry as more and more people are taking initiatives to protect themselves against risks in terms of lives, properties, investments, etc. While the insurance industry has been well-established in the U.S., t...

This study will explore the trade war between China and United States (US). The US government initially paid close attention to principle of free open economics; this was because believed that not only develop domestic economy but also as a tool generate mutual benefits cooperating countries. is in contrast President Donald Trump 2017-2021, which implemented policy protectionism against Chinese...

This article focuses on the impact of pandemic coronavirus (COVID-19) Sino-US relations. It describes relations before and after outbreak pandemic. Particular attention is paid to ongoing trade war between PRC US, as well development information caused by politicization epidemic. The reasons for deterioration under influence are considered. author highlighted following factors: US fears about t...

This paper analyzes China’s trade relationships using a new trade intensity index, which incorporates gravity model estimation, to compare observed trade levels with levels would be expected to prevail given the economic, geographic, and cultural characteristics of the trading partners. The index is calculated to study China’s bilateral trade intensity, and uses Japan as a comparative case. Sta...

Using the COVID-19 and Sino-US trade war as background, data of stock markets in China US from March 1, 2017 to September 11, 2020 are divided into 3 phases, high-frequency return series extracted by empirical mode decomposition algorithm, excluding interference medium-frequency low-frequency data. The DCC-GARCH model is used analyze China-US market linkage results show that: both have a signif...

India and China started opening up in the International market very late. They were in-ward looking economies in the beginning. But when they realized the importance of trade, they also opened up. The nature of both the economies changed from an in-ward looking economies to an out-ward looking and a lot of trade took place between the two nations. Constant Market Share Analysis has been used to...

Capitalizing on the most recent estimates of agricultural border protection in China and in other countries, this paper assesses the economic and poverty impact of global trade reform in China. It also examines the interplay between the trade reforms and factor market reforms aimed at improving the allocation of labor within the Chinese economy. The results suggest that trade reforms in the res...

Abstract We develop a multi-sector gravity model with heterogeneous workers to quantify the aggregate and group-level welfare effects of trade. The generalizes specific-factors intuition setting labour reallocation, leads parsimonious formula for from trade, nests results in Arkolakis, Costinot Rodríguez-Clare (2012, “New Trade Models, Same Old Gains?”, American Economic Review, 102, 94–130). e...

The China–US trade conflict will inevitably have a negative impact on China’s imports and exports, industrial development, economic growth, affect the achievement of climate change goals. In short term, import export cause carbon emissions contained in traded commodities to accordingly. To assess policy, this paper combines model from Global Trade Analysis Project (GTAP) input–output analysis m...