© 2018, Farok J. Contractor, Rutgers Business School Among the commercial issues in contention between the US government and China today, the transfer of technology is increasingly an agenda item brought up by the American side. According to a report in the Wall Street Journal on September 27, 2018, a Beijing policymaker summarized the Chinese … Continue reading Does China Systematically Force US Companies to Reveal Their Secrets?
WWMS? (What Would Milton Say?)
© 2018, Farok J. Contractor, Rutgers Business School The current debate about trade with China sparked by the Trump administration is uncannily reminiscent of the 1970s, when Japanese companies were deemed a threat to the United States. Phrases such as “Japanese invasion” were used by frightened journalists and fear-mongering politicians. The threat from Japanese imports … Continue reading WWMS? (What Would Milton Say?)
Update: Is China a “currency manipulator”? Donald Trump says so
SEE UPDATED POST, AUGUST 11, 2019: Trump Administration Labels China a “Currency Manipulator”: What’s behind the accusation, and who’s right? © 2016 Prof. Farok J. Contractor, Rutgers Business School This article is a 2016 update of my original post of November 16, 2015. It has also been published on The Conversation as Does China manipulate its currency … Continue reading Update: Is China a “currency manipulator”? Donald Trump says so
Learning from the History of Globalization
© 2014 Prof. Farok J. Contractor, Rutgers University Since the year 2000, the US has suffered a horrendous merchandise trade deficit against China, adding up to $2,947 billion over the 14-year period. This means that China has accumulated nearly $3 trillion surplus dollars—much of which they “kindly” reinvested in US assets, notably US Treasury debt. … Continue reading Learning from the History of Globalization