Recently, the research achievement “How Did China’s WTO Entry Benefit US Consumers” written by young teacher Prof. Dai Min from BNUBS, co-authored with Mary Amiti, Robert Feenstra and John Romalis was reported by Quartz, a well-known American media.

To access the report, please see: https://qz.com/1004222/a-lesson-for-trump-china-became-an-exporting-juggernaut-by-increasing-its-imports-a-new-nber-study-shows/

Dai’s co-authored paper examines the impact of China’s entry into the World Trade Organization (WTO) on consumer welfare in the United States. The article found that due to China’s participation into the WTO, the US manufacturing consumer price index fell by 7.6 percentage points. 2/3 of the impact comes from China’s intermediate goods tariff decline, 1/3 results from the “permanent normal trade relations” caused by the US, which reduces the uncertainties in the US high tariffs imposed to China.

At present, this co-authored research has been accepted by the National Bureau of Economic Research (NBER) as a working paper.