Using both the onset of the US-China trade war in 2018 and the most recent Russia-Ukraine war and associated trade …

This paper shows that China has launched a new global system for cross-border rescue lending to countries in debt … distress. We build the first comprehensive dataset on China's overseas bailouts between 2000 and 2021 and provide new insights … into China's growing role in the global financial system. A key finding is that the global swap line network put in place …

-for-tat responses between just the US and China would likely leave the dollar's role essentially unchanged. If both countries coordinate …

our theoretical results to China's 2001 WTO accession, we find that China's tariff reductions exceeded reciprocity norms …, increasing real incomes but amplifying the manufacturing employment dislocation - the China Shock - in the United States and …