A Study On The Strategy Of Sino-US Trade Friction From The Perspective Of Evolutionary Game

Since 1979,China and the United States formally established diplomatic relations,the process of trade between the two sides has been accelerating.At present,China and the United States have become the two largest economies in the world.In terms of trade volume,China is the largest partner of the United States and the United States the second largest partner of China.However,although the bilateral trade between China and the United States continues to rise in speed and scale,we should be aware of the growing contradictions between the two countries in the political economy and international relations,and the trade disputes between China and the United States are on an increasingly intense trend.In particular,since Trump took office in 2017,trade frictions between China and the United States have escalated under the administration of the Trump administration,with the slogan "US first" and "manufacturing return".The United States pursues unilateralism and "double standards" in its foreign trade,makes use of trade relief measures and US domestic laws to launch a large number of trade investigations into imports of goods from China,and publicly refuses to recognize Chinaundefineds market economy status.At the same time,restricting the investment and acquisition of Chinese enterprises in the United States,Sino-US relations have become complicated,trade frictions have intensified extremely and even evolved into a large-scale "Sino-US trade war." in the April 2018 international economic research report,it was clearly pointed out.Trade friction between China and the United States is the biggest obstacle to the global economy in seven years.Trade frictions between China and the United States have attracted close attention from all over the world,and Chinaundefineds choice of countermeasures will greatly affect the political and economic relations between the two sides in the future and the development of the world economy.On the basis of summarizing the data,this paper uses evolutionary game theory to analyze Sino-US trade friction under Trump administration.First of all,this round of trade war waged by the Trump administration is reviewed,summarizes the key performance and reasons of the trade friction initiated under the Trump administration against China,and thinks that the focus of the current trade friction between China and the United States is thatthe trade sanctions are flexible.The combination of trade relief and unilateral measures;Restrictions on Chinese investment in the United States;at the same time in the field of intellectual property rights trade protection escalation.The main reasons include the current surge of populism in the United States,the Trump administration to meet the needs of this interest group;China has a trade surplus with the United States,which is expanding,and the United States is cracking down on “2025 Made by China” in a strategic effort to contain China.Next,from the perspective of evolutionary game,this paper constructs the asymmetric evolutionary game model of China and the United States based on the hypothesis of limited rationality,and analyzes the trade friction between China and the United States.By solving the evolutionary equilibrium strategy,it is found that,in this game,how the final game result depends on the measurement of sanctions benefits and sanctions costs before the decision is made by the United States.When China chooses to deal with the current trade friction between China and the United States,it can start from this angle and influence the trade policy with China formulated by the United States,so as to guide the good development of the economic and trade relations between the two countries.Finally,from the perspective of how to promote the Chinese side to get more profit in this evolutionary game,we can find the right direction for our strategy under the Trump administration from both the government and the enterprise level.Among them,the government level includes: grasp the struggle attitude and the intensity of counterattack,lobby to contain the relevant interest groups of the United States,and make reasonable use of the WTO dispute settlement mechanism;At the enterprise level,we should set up the overall concept,cultivate the long-term competitive advantage of enterprises,accelerate the independent innovation of enterprises,pay attention to the protection of intellectual property rights of products,enhance the initiative of responding to complaints,appeal to stakeholders to respond together and seize the opportunity of "Belt and Road".We will promote diversification of the foreign trade market.