A ceasefire has been called in the trade war between the United States and China, but there is lingering uncertainty … that will stifle aggregate spending until a "peace treaty" is signed. China is thus currently undertaking a precarious … war into simple terms, the United States is worried about the size of its bilateral trade deficit with China and is …

Over-estimated trade surplus -- On trade surplus from property rights -- Describing China's economic scale -- Foreign …

China keeps its exchange rate tightly fixed to the dollar. Its productivity growth and trade surplus have been high … undervalued and should be appreciated to reduce the Chinese trade surplus. We argue that an appreciation of the renminbi need not … reduce China's trade surplus but could cause serious deflation in China. To show this, we consider international adjustment …