1. FROM TRUMP RHETHORIC TO THE REALITIES OF CHIMERICA
BRICS Seminar, Departamento de Economia
UAM, Azcapotzalco, June 8, 2017
Guilhem Fabre, Université Paul Valery, Montpellier 3

2. MAOTRUMP

3. US DEFICIT IN TRADE OF GOODS WITH CHINA: 2001-2016

4. US TRADE BALANCE WITH CANADA, MEXICO, CHINA & RoW, 2002-2015

5. US TRADE BALANCE IN GOODS & SERVICES AS PERCENT OF GDP, 2000-2016

6. CONTRIBUTION TO GLOBAL GDP GROWTH: CHINA, EU, US RoW, 2000…

7. CHANGES IN US-CHINA ECONOMIC RELATIONSHIP AFTER THE 2008 GFC

8. US TRADE WITH CHINA

9. TOP TEN US IMPORTS/ COUNTRY 2014

10. TOP TEN US EXPORTS BY COUNTRY 2014

11. US JOBS SUPPORTED BY US EXPORTS 2015

12. REAL GROWTH RATE OF PER CAPITA HOUSEHOLD INCOME, CHINA & OECD

13. CHINA’s SHARE OF GLOBAL MANUFACTURING: 1990-2012

14. US SHARE OF GLOBAL MANUFACTURING, 1970-2015

15. MANUFACTURING OUTPUT SINCE 1970 : TOP FIVE COUNTRIES IN 2014

16. CHINA AS THE WORLD’S FACTORY
= Rise of Chinese global share of manufacturing : from 4,1 to 24 %
: Rise of Chinese global share of manufacturing exports: from 2,3 to 18,8 %
EFFECTS ON GLOBAL MANUFACTURING SUPPLY
POSITIVE EFFECTS ON COMMODITIES : LATIN AMERICA

17. COMMODITY PRICES SINCE CHINESE ECONOMIC SLOWDOWN IN 2012

18. CHINA’s SLOWDOWN & IMPACT ON COMMODITY PRICES: 2012-2016

19. US JOBS DISPLACED BY THE TRADE DEFICIT WITH CHINA SINCE 2001

20. WALMART’S SHARE OF JOBS LOST

21. Effect of a $1000 per worker increase in imports from China on U. S
Effect of a $1000 per worker increase in imports from China on U.S. govt. tranfers

22. US INTRA-FIRM TRADE: 2014

23. CHINA PROCESSING EXPORTS AS SHARE OF TOTAL EXPORTS 1995-2017

24. CHINA’s SHARE OF US IMPORTS: TOP FOUR CATEGORIES, 2003-2017

25. MANUFACTURING TRADE NET OF PROCESSING IMPORTS, 1996-2017

26. GLOBAL SUPPLY CHAINS I-Phones 5 & 6

27. U.S EMPLOYMENT OF FOREIGN AFFILIATES BY MAJOR REGIONS, 2000-2014

28. SALES DESTINATION OF FOREIGN AFFILIATES OF U.S. MNCs, 2014

29. U.S. MULTINATIONALS’ SALES IN CHINA

30. INWARD & OUTWARD STOCK OF FDI BY MAJOR REGION & COUNTRY, 2015

31. STOCK OF FDI BY COUNTRY, 2014

32. RATIO OF OUTBOUND FDI TO GDP 2014

33. RATIO OF FDI STOCK in U.S. TO GDP 2015

34. FDI STOCKS IN THE US, BY COUNTRY 2015 : CHINA = - 1%

35. CHINESE FDI TRANSACTIONS IN THE U.S. BY INDUSTRY, 2000-2016

36. MARKET CAPITALIZATION OF US-LISTED CHINESE COMPANIES. BY INDUSTRY, 2016

37. CHINA = 55% OF GLOBAL SEMICONDUCTOR MARKET 2014

38. CHINA : 96th in EASE OF DOING BUSINESS RANKING . 2013