The Economic Relations of the United States and China over the Years 2005–2015

Abstract

The author concentrates in the paper on the trade and financial relations between the United States of America and People’s Republic of China over the period 2005–2015. The growing interdependence of the two leading economies on the Western (the US) and Eastern (China) hemispheres undoubtedly is a salient factor in global economy that needs to be scrupulously studied. The geoeconomic competition between the two states overlaps the concomitant geopolitical rivalry. It is one of the most germane phenomenon in the global economic and political relations of the contemporary world.