What Promotes China’s Trade Surplus?

Tao Yuan ()
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Tao Yuan: Nankai University

Chapter Chapter 2 in On China's Trade Surplus, 2014, pp 21-42 from Springer

Abstract: Abstract China’s export share in the total world export increased year by year, and the quality of export products is rising, which means that China’s exports have greatly improved in quantity and quality. China seizes the opportunity of economic globalization, and fully participates in global economic and industrial division of labor. Huge FDI, processing and assembling trade, labor advantage, scale advantage, technology advantage and industry advantage promote China’s exports in goods, and China’s competitive advantage in services trade will be stronger. The exchange rate of RMB is not the all-important reason for China’s trade surplus.

Keywords: Trade Deficit; Exchange Rate Policy; Trade Surplus; Service Trade; Exchange Rate Misalignment (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:spr:spbrcp:978-3-642-38925-2_2

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DOI: 10.1007/978-3-642-38925-2_2

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