Partisanship and the Trends of Bilateral Trade between China and the US
Abstract
Currently, U.S. trade policy-making process is filled with strong partisan color, the two parties diametrically opposed attitudes towards trade issues, which makes the process of trade liberalization in the United States severely hampered. Democratic presidential oath of office just a weak footing, partisanship intensified, the U.S. financial crisis has caused a huge economic impact, in this context, free trade is subject to unprecedented challenges. In the future, only the two sides through friendly dialogue to resolve bilateral trade problems, positive and sincere look at the shortcomings of their own economic policies, bilateral trade in order to embark on the road of healthy development of bilateral economic development and make due contribution. The parties' struggles influence the process of the formulation of trade policies in America at present, and the two parties often are tit-for-tat attitudes on the topic of trade which hinders the process of trade liberalization. Obama as a member of the Democratic Party has just inauguration of President still on weak footing, the financial crisis created a huge impact on American Economy, the trade liberalization has been unprecedented challenged. Both China and the United States want to solve problems in bilateral trade only by friendly dialogues and examine their own deficiencies in economic policies actively and honestly. Then, the bilateral trade could be developed regularly and make due contributions to the economic development in both countries