China's Foreign Trade, 1950-1973: The American Contribution
ARMY WAR COLLEGE CARLISLE BARRACKS PA CARLISLE BARRACKS United States
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The essay deals with three related problems. First the size, direction, and composition of the PRCs foreign trade since 1949. Second the character of Sino-American trade since 1971, when the twenty-year embargo on such by the U.S. was lifted. Third the estimates that can be made for Chinas foreign trade in general and trade with the U.S. in particular for 1974 and beyond. Based on an analysis of the latest trade data available, it is concluded that the Sino-American trade of 1971-present has been most beneficial to the PRC and severely inconsequential to the U.S. both conclusions being reached from a primarily military point of view.