This study explores how the U.S.-China trade friction has affected Chinese companies since 2018. The study uses a mixed-methods approach. First, it measures the economic impact by examining changes in trade volumes, export structure, and global trade patterns. The analysis shows a sharp drop in Chinese exports to the United States. At the same time, Chinese firms began shifting their focus to other international markets. Second, the study uses case studies from the technology and manufacturing sectors to understand how firms responded. These case studies show that the trade war caused clear economic harm. However, they also show that it pushed many companies to make strategic changes. U.S. tariffs and sanctions sped up efforts to diversify supply chains and develop domestic technology. Many firms also started building stronger, more globalized business models. The paper concludes that the trade conflict has had both negative and positive effects. It caused disruption, but it also helped create a new wave of Chinese companies that are more adaptable and better prepared for global economic challenges.
Zerun Zhang (Tue,) studied this question.