Study of Sino-US economic game and joint development

Abstract

Nowadays, the economic relations between China and America have been one of the most important bilateral economic relations, which have a great impact on two countries’ economy as well as the whole world. If the economic games between China and America are favorable, it will be beneficial to both countries. Otherwise, it will harm both of them. Under such circumstance, the paper focuses on economic games between China and America through incomplete information game model. It analyzes different decisions and benefits under anti-competitions and co-competitions. Through the exploration of economic action between China and America under co-games and anti-games, this research gains two conclusions and introduces a theory. In conclusion, it comes up with co-games between China and America’s economy, and hopes to offer constructive suggestions to mutual development. Key words: Sino-US economic game, competition and cooperation, joint development.