Measuring and analyzing the impact of GVCs on economic development by David Dollar, Satoshi Inomata, Christophe Degain, MENG Bo, Zhi Wang, Nadim Ahmad, Annalisa Primi, Hubert Escaith, Jakob Engel, Daria Taglioni, Cecilia Heuser, Aaditya Mattoo, Matthew Kidder, Michele Ruta, and Jose Guilherme Reis, Brookings

Measuring and analyzing the impact of GVCs on economic development

After the first two debates, what do Chinese people think about Clinton and Trump? (David Dollar, Wei Wang, Brookings)

Americans are not the only ones abandoning Republican presidential candidate Donald Trump in the wake of two poor debate performances and a tape showing him bragging about sexually assaulting women. It seems that Chinese audiences are also re-evaluating both the likelihood that Trump will win and his likability as a potential president.

The future of U.S.-China trade ties (David Dollar, Brookings)

China in the past few decades has emerged as the world’s largest exporter and the United States’ second largest trading partner after Canada. Despite being a relatively poor developing country, China has built up the largest trade surpluses in human history, creating economic problems for the United States. Trade with China has led to the loss of American manufacturing jobs, reduced real wages for semi-skilled workers, and devastated some communities dependent on low-end manufacturing jobs. These negative effects have naturally given rise to protectionist sentiments in the U.S. presidential campaign and given trade in general a bad name.