Friday, April 1, 2022
9:30 a.m
via Zoom
The Institute for International Economic Policy was pleased to invite you to the 14th annual Conference on China’s Economic Development and U.S.-China Economic Relations. This year, the conference takes place as a virtual series. This conference is co-sponsored by the Sigur Center for Asian Studies and the GW Center for International Business Education and Research (GW-CIBER).
Since 1949, US–China relations have evolved from tense standoffs to a complex mix of intensifying diplomacy, growing international rivalry, and increasingly intertwined economies. Continued escalation of trade disputes and blame over the spread of the coronavirus are emblematic of a significant hardening of positions that extends well beyond these two issues. The importance of US–China tension in shaping either macroeconomic outcomes or firm-level decisions over a long time span has not been studied empirically, mainly for lack of an indicator that can quantify these tensions. The paper that will be discussed measures the intensity of public concerns over US–China tension and shows that there are adverse economic consequences for both countries due to heightened tensions.
About the Speaker:
Bo Sun is a Principal Economist at the Federal Reserve Board. She currently serves as an associated editor of the Journal of Money, Credit and Banking. She served on the faculty at Guanghua School of Management of Peking University from 2011 to 2014, and taught courses in corporate finance at undergraduate, Masters, MBA, and Ph.D. levels. Her research interests include finance and macroeconomics, with a particular focus on information frictions. Her research has been published in leading academic journals, including the American Economic Review, Journal of Monetary Economics, International Economic Review, Journal of Economic Literature, and American Economic Journal: Microeconomics. Her research has also been mentioned in the Wall Street Journal, Brookings, Chicago Booth Review, and Deutsche Bank Research, among other outlets. She was a visiting scholar at the Bank of Canada, Bank of England, World Bank, and Carnegie Mellon University. She holds a Ph.D. in Economics from the University of Virginia and B.A. in Finance from Peking University.
Mary Lovely (Syracuse and PIIE) will discuss.
