Influential Factors In Sino-U.S. Economic And Trade Relations

The 21st century is undoubtedly the century that economic globalization will develop further, every country in the world will more deeply participate in the process of the economic globalization, economic and trade relations have also become a part of international relations, Sino-US economic and trade relations are no exception. Over the past 30 years, China-US economic and trade relations have developed unstably but quickly, for they are influenced by all kinds of factors. These factors not only include economic factors, but also are relative to non-economic factors such as politics, military and culture and so on. At the same time, economic factors are divided into positive and passive respects. Positive factors are demonstrated in four ways as follow. First, economic globalization is developing quickly. Second, Sino-US economy complements each other. Third, trans-corporations of U.S.A. greatly improve two countries' economic and trade relations. What's more, China's entry into WTO is also very important. China-US trade friction brings about a lot of passive influences. Among the non-economic factors, political system, ideology, social culture are the most important. In addition, American domestic interest groups and high-tech export policy are also influencing the bilateral economic and trade relations. On the basis of above-mentioned analysis, the author thinks that China and the United States must make joint efforts to improve bilateral economic and trade relation. On one hand, Chinese Government should change the past passive status to solve the bilateral difference. On the other hand, American government must adopt correct attitude towards the emergence of China and continue to cooperate with China. Only in this way, could Sino-US economic and trade relations have a glorious and magnificent future.