US-China trade war and China’s stock market
An event-driven analysis
Bibliographic Data
| ID | 15068256 |
|---|---|
| Authors | He Chengying (Economic College, GuangXi University, Nanning, China), Chengying He (0009-0007-3502-9224, Guangxi University, corresponding author), Rui Chen (0000-0003-4846-3402), Chen Rui (0000-0003-3756-2587, Development Research Department, Guosen Securities Co., Ltd, Shenzhen, China), Ying Liu (0000-0001-5584-7805), Liu Ying (0000-0003-4104-7051, Development Research Department, Guosen Securities Co., Ltd, Shenzhen, China) |
| Year | 2022 |
| Volume | 35 |
| Issue | 1 |
| Pages | 3277-3290 |
| Publication date | 2022-12-31 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Economic Research-Ekonomska Istraživanja (JOURNAL) |
| Journal identifiers | ISSN: 1331-677X • E-ISSN: 1848-9664 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/1331677x.2021.1990781 |
| OpenAlex | W3210616058 |
| Language | EN |
| Citations received | 3 |
| References cited | 18 |
The US-China trade war, initiated in March 2018, substantially transformed the trading partnership between the two largest economic powers. It directly influenced the profitability of domestic enterprises related to the export chain and harmed the domestic economy in China and its stock market. This study empirically examines the effects of the trade war on China’s stock market based on chronological events and tests whether it is the contagion effect or the present value effect. The empirical study supports the contagion effect because the impact of the US-China trade war differed significantly in different sectors only when the US announced its imposition of more tariffs on US$50 billion worth of Chinese products. However, there is no apparent difference between the industries for other events, nor is there any significant difference between the industries in terms of long-term impact
Business · China · Economics · Event study · General partnership · Geography · International economics · International trade · Profitability index · Stock market · Trade war · COVID-19 Pandemic Impacts · Energy, Environment, Economic Growth · Market Dynamics and Volatility · Finance
| Unique citing works | 3 |
|---|---|
| Citations per year | 0,75 |
| Citation span | 2022 - 2025 (4) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 2 |