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The competition between the U.S. and China, along with the evolving global order, profoundly affects the lives and livelihoods of people worldwide, now and in the future. Why does great power competition emerge? How does it evolve over time? How do great powers compete in critical areas such as industry, trade, technology, finance, security, and global governance? What are China s strategic goals and policies in this competition, and what actions should be taken?
This book offers a reader-friendly yet systematic and professional analysis of nearly all key aspects of contemporary great power competition. It creates a theoretical framework for understanding great power rivalry and provides comprehensive, coherent solutions to the most pressing issues in the competition. Following the outbreak of the U.S.-China trade war in 2018, the author introduced an undergraduate course titled The U.S.-China Trade Disputes and the Re-Architecture of Globalization at Tsinghua University. The course was awarded the National First-Class Undergraduate Course designation by the Chinese Ministry of Education in 2023. The book draws from the author s teaching materials, alongside decades of professional research, teaching, and personal experience. It therefore serves as an invaluable reference for anyone seeking to understand how Chinese society has responded to and navigated great power competition.
List of contents
.- Chapter 1 Why Do Trade Conflicts Occur?.
.- Chapter 2 How Do Economies Grow?.
.- Chapter 3 How Do Great Powers Compete?.
.- Chapter 4 Analysis of the US-China Tariff War.
.- Chapter 5 Mirror Tactics: How to Avoid Confrontation?.
.- Chapter 6 Tripod: Structural Changes in the Global Value Chain.
.- Chapter 7 Fundamental Misalignment in the International Monetary System.
.- Chapter 8 Fundamental Misalignment in the World Order.
.- Chapter 9 What Determines the Future of US-China Great Power Competition?.
.- Chapter 10 Technological Competition: The Leader's Dilemma and the Chaser's Trap.
.- Chapter 11 International Financial Competition.
.- Chapter 12 Competition in the Global Governance System.
.- Chapter 13 The Innovative World.
.- Chapter 14 China's Competition Strategy for the Next Ten Years (2025 2035).
About the author
Jiandong Ju is a Chair Professor at the PBC School of Finance, Tsinghua University, China’s top university. He is a Changjiang Scholar, awarded by the Ministry of Education in China, and the President of the China International Trade Research Group (CTRG). He previously served as a Dean at Shanghai University of Finance and Economics (2014–2017), a resident scholar at the International Monetary Fund (2007–2009), and a tenured professor in the Department of Economics at the University of Oklahoma (1995–2014). He holds a bachelor’s degree in Mathematics from Nanjing University, a master’s degree in Economics from Tsinghua University, and a Ph.D. in Economics from Pennsylvania State University. He has published in leading academic journals, including American Economic Review, Journal of International Economics, and Journal of Monetary Economics.
Summary
The competition between the U.S. and China, along with the evolving global order, profoundly affects the lives and livelihoods of people worldwide, now and in the future. Why does great power competition emerge? How does it evolve over time? How do great powers compete in critical areas such as industry, trade, technology, finance, security, and global governance? What are China’s strategic goals and policies in this competition, and what actions should be taken?
This book offers a reader-friendly yet systematic and professional analysis of nearly all key aspects of contemporary great power competition. It creates a theoretical framework for understanding great power rivalry and provides comprehensive, coherent solutions to the most pressing issues in the competition. Following the outbreak of the U.S.-China trade war in 2018, the author introduced an undergraduate course titled The U.S.-China Trade Disputes and the Re-Architecture of Globalization at Tsinghua University. The course was awarded the National First-Class Undergraduate Course designation by the Chinese Ministry of Education in 2023. The book draws from the author’s teaching materials, alongside decades of professional research, teaching, and personal experience. It therefore serves as an invaluable reference for anyone seeking to understand how Chinese society has responded to and navigated great power competition.
