Since the end of the Cold War, a dramatic decline in overall defense authorizations has led both the U.S. aerospace industry and that of Europe to undergo extensive consolidation -- a trend that has led in turn to a significant growth in cross-border business relationships. Yet while...

This paper examines China's evolving role in global production networks and its implications for assessing the potential impact of the "trade war" declared by President Trump. The analysis, which is based on a systematic disaggregation of trade based on global production sharing into components...