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| Abstract |
After the Second World War, Japan experienced trade frictions with the U.S. and Europe and it settled them on each occasion with various kinds of countermeasures. For example, deregulation of trade co...ntrol and capital liberalization were carried out step by step over a long period of time with the development of international competitiveness of its industries. In the case of China, however, such frictions might take place in a more compressed form within a shorter period. China may have to face risks of concurrent and multinational frictions with the U.S.A., Europe, Japan and other Asian countries. Fresh in our memory is the trade conflict between China and Japan which boiled up only a few years ago over agricultural products such as Welsh onion, shiitake-mushroom and rush for Japanese "tatami". In general, industries should develop into higher levels in proportion to the technological advancement and income growth. Products in which a country is no longer competitive may be transferred to lower developed countries so that it can concentrate on more value-added products or sectors. It is, therefore, an important preposition to share the respective market segments each of which has core competence in the global market. Market segregation should also go through constant changes depending on industrial structure and respective competitive strength. At the same time, one may find an approach to minimizing friction in the construction of mutually reliable relationship with other countries and industrial sectors and in reinforcement of strategic collaboration among industries. In order for China to prevent the escalation of trade friction in the future, it had better learn a lesson from the US-Japan trade conflicts in the past.show more
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| Table of Contents |
Introduction Ⅰ. Transition and characteristics of international trade and economic conflicts in the postwar period Ⅱ. Generating causes of trade and economicfriction and settlement patterns Ⅲ. Conclusion: Implication of the experience of Japan
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KJ00004173984