What can I do when logged in?

You can submit new articles, so we can make unique versions of them and distribute them for you.
If you want to simply publish the same article on 800 websites, you can tell us to do that.
You can see the archive and current status of all your article distributions.
You can order any number of high-quality articles - just let us know your keywords.
You can browse the archive of all the articles we have written for you.
You can order our Complete Service (10 high-quality articles plus 10 article distributions).
You can purchase more credits for our services and check your affiliate earnings.
Much more ...

SpinDistribute.com Article Directory

The following article was published in our article directory on October 25, 2010.
Learn more about SpinDistribute Article Distribution System.

Appreciation of China's Trade Surplus Will Disappear

Article Category: Business

Author Name: xia zihui

U.S. Treasury Department postponed a planned announcement on October 15 major trade partners, "report on international economic and exchange rate policies." Although the United States "currency war" risk suspension, but around the United States exchange rate, trade disputes are far from being stopped.

The United States to China-US trade surplus on the grounds identified the existence of RMB is undervalued, and attempt to take discriminatory against Chinese products, trade protection measures. So, China's trade structure is like the United States said, is "undervalued" the results? Currency appreciation will reduce the trade surplus to it? China's trade surplus is causing the high U.S. unemployment rate?

In fact, the fastest expansion of China's trade surplus years, the fastest appreciation of the renminbi is precisely the years.

2005 to 2008, China's foreign trade surplus increased rapidly. Interestingly, this also happens to be the fastest period of RMB against the U.S. dollar, has appreciated 21.2%. In 2009, the RMB exchange rate basically unchanged against the U.S. dollar, the surplus decreased by about 1,000 billion U.S. dollars, was $ 196,060,000,000. Clearly, the RMB exchange rate is not directly associated with the trade surplus.

China's trade surplus is a reasonable range

Search history data found that Chinese trade surplus is not long, sustained trade surplus since 1994 began.

"The United States continued in 1897 to a surplus in 1971, up to 70 years, Germany (since 1952, 58 consecutive years), Japan (29 consecutive years since 1981) to the present, or surplus, compared with a surplus of time and soon in China. "Foreign Trade University, Director of the Centre of Sino-US economic and trade He Weiwen, said in an interview.

Meanwhile, the scale of China's trade surplus is not large, the proportion of GDP, below 3% in most years. After 2005, the surplus only by the accelerated growth in 2008 reached 298.1 billion U.S. dollars, accounting for 6.9% of GDP.

"China's trade surplus 2003,2004 years are small, up to 320 million, to expand in 2005 to break through 100 billion, 170 billion in 2007, 2009, began to decline 1-9 months of this year, more than 1,200 billion, the total size is still decline. "Weiwen said.

Compared with Germany and other trading nations, China's trade surplus is not much. Germany had the highest proportion of GDP, trade surplus reached 8%, and some Gulf states affected by resource endowments, but also long-term large surplus.

China's trade surplus in very different for different trading partners. In the first half, China's foreign trade surplus of 55.3 billion U.S. dollars in Japan, Korea and Taiwan combined deficit of 101.46 billion U.S. dollars there, while the U.S. and the EU were $ 77,050,000,000 and $ 62,030,000,000 surplus.

During the RMB against the yen but fell against the U.S. dollar steady against the euro first and then down. Bank for International Settlements in accordance with the trade-weighted exchange rate, Taiwan, Japan and South Korea accounted for 31.6% of the weight of RMB, the U.S. and the euro area were 21% and 18.6%. The largest part of the weight, but China is the deficit. Therefore, the exchange rate is difficult to explain the U.S. trade deficit with China.

"China's trade surplus to countries from the analysis of specific, mainly from the United States and the European Union, Japan, South Korea, ASEAN is a deficit, Russia, Australia is a small deficit, can not be generally said that the deficit caused by China's exchange rate lower." Weiwen said.

The international financial crisis, China's trade surplus continued to decline, following China's trade surplus in 2009 less than last year 102 billion U.S. dollars, down 34% in the first half then fell 42.5% year on year, the surplus dropped to 2.2% of total GDP, has been in a reasonable range of internationally recognized.

China's trade surplus with the U.S. unemployment is not associated

Arguments against the RMB exchange rate undervalued, the United States in March this year the Economic Policy Institute, "China's unfair trade led to the American unemployment," the report, the trade deficit with China, leaving a total of 7 years in China 241 million U.S. jobs.

He can be converted from the data, each a billion deficit, will cause the number of unemployed, this is a very rough method, untenable. Under the premise of improving the productivity, the trade surplus will cause unemployment.

1999, 2000, the U.S. trade deficit with China increased by 11.77 billion U.S. dollars and 151 billion U.S. dollars, U.S. employment has increased by 317.2 million and 200.5 million; 2001, the U.S. trade deficit with China to reduce employment, reduced by 178 million people, During this period no change in the RMB against the U.S. dollar; 2008, 47.3 million U.S. manufacturing increased unemployment in 2009, soared 152.3 million trade deficit with China dropped 41.2 billion U.S. dollars than the previous year, during which the RMB against the U.S. dollar exchange rate has no change. Clearly, the U.S. trade surplus with China, the unemployment problem, the RMB exchange rate no association.

The conclusions of the United States concealed the fact that he has been improving productivity, which continued to be laid off, the deficit does not necessarily bring unemployment. Wal-Mart's global procurement of a million each to 518 individual employment contributed to the surplus, the deficit impact on employment can not simply judge.

Global 500 enterprises have settled in more than 470 in China, China has gradually become more and more multinational regional headquarters and important support profitable growth.

American Chamber of Commerce's "2009 White Paper on American Business in China" shows that even a serious impact in the international financial crisis in 2008, 74% of U.S. corporate profits in China, 81% of the enterprises over the next 5 years, said business prospects in China optimistic.

Keywords: Pneumatic actuator manufacturer, Strainer,

Learn more about SpinDistribute Article Distribution System. We also offer a Pro Article Writing Service to everyone who needs premium quality well-researched articles.

SpinDistribute.com Network

Each article you submit at SpinDistribute.com is sent through our innovative Article Distribution System to our network of more than 1840 publishers - about 55% of them are high-quality article directories, 30% of them are niche blogs and 15% of them are other content-rich websites.

To achieve the best possible success we only publish your article to most related websites. This means your article will show up on approximately 640 - 880 most related websites which will give you great SEO results.

We also offer a separate Professional Article Writing Service to everyone who's looking for high quality web content and well researched unique articles.