“Reverse Globalization” and Sino-US Trade War : Based on the perspective of Evolutionary Game Theory
- Resource Type
- Conference
- Authors
- Ru, Feng
- Source
- 2020 2nd International Conference on Economic Management and Model Engineering (ICEMME) ICEMME Economic Management and Model Engineering (ICEMME),2020 2nd International Conference on. :109-112 Nov, 2020
- Subject
- Computing and Processing
Industries
Economics
Globalization
Games
Predictive models
Market research
reverse globalization
Sino-US trade war
industrial upgrading
integral industry chains
multilateral trade
evolutionary game
- Language
The 2016 Brexit and Trump’s coming to power marked the beginning of a new stage of “reverse globalization” The United States has transformed from a major promoter of globalization to a leader of “reverse globalization” And the trend of “reverse globalization” represented by the Sino-US trade war has brought huge challenges to the further development of China’s economy. This article intends to use the evolutionary game method to predict the strategic choices of China and the US. China should unswervingly promote industrial upgrading; furthermore China should take advantage of the integral industry chains; adhere to the multilateral trading system and contribute Chinese solutions to global economic governance.