In continuation of its Seminar Series, the School of management of Jiangsu University held another insightful seminar focused on how the SINO-US Trade Dispute started on June 13, its dynamics and how everyone is affected.

To lead this seminar was a faculty expert from Fresno Pacific University’s School, Professor Pengcheng Wen, Ph.D of Business Administration.

The professor proposed the following solutions for the two nations, also based on the aforementioned assumptions:

USA (trade deficit):

1. Increase/encourage citizens to increase the savings rate

2. Increase government taxes.

3. Decrease Business Investment

4. Decrease government spending

CHINA (trade surplus):

1. Decrease private savings

2. Decrease government taxes

3. Increase business investment

4. Increase government spending