Title: Analysis on the Effect of RMB Appreciation on Decreasing the Foreign Trade Surplus of China——An Analysis Based on Various Trade Modes
Abstract: RMB Appreciation can decrease the foreign trade surplus of China. But, taking the various trade modes into account, especially the ratio of processed trade overwhelming that of the general trade, the effect of the appreciation of RMB will be greatly weakened. This paper discusses the mechanism how the appreciation of RMB influences the trade balance when there exist more than one kind of trade modes. It is proved that the appreciation of RMB has different degree of effect on different trade modes. Should the trade surplus be reduced effectively? Measures aiming at processing trade must be taken.
Publication Year: 2008
Publication Date: 2008-01-01
Language: en
Type: article
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