The Game Between China and the United States Based on Trade in the Epidemic Era

Chenyu Liang; Na Liu; Yang Liu

doi:10.2991/aebmr.k.220603.024

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The Game Between China and the United States Based on Trade in the Epidemic Era

Authors

Chenyu Liang¹^{, †}, Na Liu²^{, †}, Yang Liu³^{, *}^{, †}

¹Business college, Paris School of Business, 75020, Paris, France

²College of Economics and Management, Northeast Agriculture University, 150030, Harbin, China

³College of Economics and Management, Shanghai Ocean University, 201306, Shanghai, China

^†

These authors contributed equally

^*Corresponding author. Email: 1942110@st.shou.edu.cn

Corresponding Author

Yang Liu

Available Online 1 July 2022.

DOI: 10.2991/aebmr.k.220603.024 How to use a DOI?
Keywords: epidemic situation; Game theory; Trade strategy; Sino-us trade
Abstract: Since 2020, the epidemic has had a great impact on China-Us trade. On the one hand, China has been actively fighting the epidemic and is making progress in its trade with the United States. On the other hand, the United States intends to take advantage of China’s vulnerability to the epidemic by introducing trade policies and hitting China with tariffs and other means. U.S. President Joe Biden has yet to roll back Trump’s tariffs, and it remains to be seen whether the U.S. will pursue cooperation, competition, or conflict next. This paper establishes a dynamic game analysis model to study the possible strategies of the United States and China. The results show that China should not preempt its strategy at this time, and the United States is most likely to adopt a competitive strategy against China, that is, to raise tariffs on imported Chinese products. Since China is highly dependent on export trade, in order to avoid the loss caused by the MOVE of the United States, China should strengthen the development of the high-tech industry at present. At the same time, China should actively adopt a competitive strategy to get rid of the negative impact of the epidemic as soon as possible and gain an advantage in the competition between China and the United States.
Open Access: This is an open access article distributed under the CC BY-NC 4.0 license.

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Volume Title: Proceedings of the 2022 2nd International Conference on Enterprise Management and Economic Development (ICEMED 2022)
Series: Advances in Economics, Business and Management Research
Publication Date: 1 July 2022
ISBN: 978-94-6239-585-5
ISSN: 2352-5428
DOI: 10.2991/aebmr.k.220603.024 How to use a DOI?
Open Access: This is an open access article distributed under the CC BY-NC 4.0 license.

Cite this article

ris enw bib

TY  - CONF
AU  - Chenyu Liang
AU  - Na Liu
AU  - Yang Liu
PY  - 2022
DA  - 2022/07/01
TI  - The Game Between China and the United States Based on Trade in the Epidemic Era
BT  - Proceedings of the 2022 2nd International Conference on Enterprise Management and Economic Development (ICEMED 2022)
PB  - Atlantis Press
SP  - 134
EP  - 141
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220603.024
DO  - 10.2991/aebmr.k.220603.024
ID  - Liang2022
ER  -

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