In Pursuit of Mutual Benefit: Applying the Extended Diamond Model to the US-China Trade Dispute

• 영문명: In Pursuit of Mutual Benefit: Applying the Extended Diamond Model to the US-China Trade Dispute
• 발행기관: 글로벌경영학회
• 저자명: Dilong Huang 문휘창(Hwy-Chang Moon) Ngayo Fotso Guy Major
• 간행물 정보: 『글로벌경영학회지』제21권 제2호, 20~42쪽, 전체 23쪽
• 주제분류: 경제경영 > 경영학
• 파일형태: PDF
• 발행일자: 2024.04.30

영문 초록

This article recalls for cooperation between the United States (US) and China amid their escalating competition. It emphasizes the necessity and possibility of collaboration, advocating for win-win outcomes rather than antagonistic win-lose or lose-lose scenarios. The analysis utilizes the extended diamond model to assess comprehensive national competitiveness, identifying both countries’ comparative advantages across various sub-factors. China’s strengths lie in basic sub-factors: unskilled labor supply, market quantity, infrastructure availability, and competitive stability. On the other hand, the US excels in advanced sub-factors: skilled labor supply, market quality, synergy creation, and competitive dynamics. The contrasting but complementary strengths and weaknesses highlight the multifaceted nature of their competitive strengths. Recognizing and leveraging these respective advantages can lead to collaborative synergies, fostering mutual benefits. Such an approach enables both nations to enhance their national competitiveness and achieve mutual prosperity. This study specifically underscores the potential for the US and China to contribute synergistically to each other’s growth by capitalizing on their unique strengths. The findings also provide implications for multinational corporations (MNCs) in choosing the locations for their overseas operations, particularly in the US and China.

목차

Ⅰ. Introduction

Ⅱ. Literature Review

Ⅲ. The Impact of the US-China Trade War

Ⅳ. Comparative Analysis Between the US and China

Ⅴ. Conclusion

References

키워드

National competitiveness Extended diamond model US-China trade war US-China cooperation