Nowadays China has achieved excellent economic performance in recent years. Although the US is "ruler" of modern international economic-political system, China's continuous and, rapid course weakened primacy US, with consequences that are perceived global system. Of course, been accused practices "mercantilism." On basis these mercantilist accusations, a kind war broke out US. War commercial an...

Unit values of US imports at the product level reveal a substantial degree of vertical product differentiation among countries exporting to the US. This specialization, consistent with both the factor proportions framework and product cycle theory, is not apparent by looking at trade flows alone. Two trends stand out. First, the portion of US import products originating in either rich or poor c...