ANALYSIS OF THE EFFECTIVENESS OF THE ECONOMIC SANCTIONS OF UNITED STATES AGAINST CHINA

Nowadays the world is facing not only Covid 19 pandemic but also the trade war between the two largest economy countries such as United States and China. In this article, the effectiveness of the economic sanctions of United States against China is analyzed and understanding of the rise of China throughout the years is written. There will be effect on the other countries such as Myanmar because of the US economic sanctions against China. The author analyzes the effectiveness of economic sanction by using the facts from internet resources and author's opinion. International Monetary Fund (IMF) said that the world's economy is slowing down because of trade war. But we could not see that clearly. The world's economy is also hit by Covid 19 pandemic. The result showed a small effect on China and there will no Win-Lose situation.

Authors
Publisher
Российский университет дружбы народов (РУДН)
Language
English
Pages
179-183
Status
Published
Year
2021
Organizations
  • 1 Peoples' Friendship University of Russia (RUDN University)
Keywords
economic sanctions; economic superpower; trade war; tariffs
Date of creation
16.12.2021
Date of change
16.12.2021
Short link
https://repository.rudn.ru/en/records/article/record/78099/
Share

Other records

Лим К.О., Тимофеев О.А.
Актуальные проблемы развития КНР в процессе её регионализации и глобализации. Забайкальский государственный университет. 2021. P. 178-188