论文部分内容阅读
近年来,人民币汇率问题一直是中美贸易的关键议题,美国一直指责人民币被人为地低估了。然而自2005年汇改以来,人民币一路小幅升值,而美、中之间的贸易逆差却不降反升,这说明了压迫人民币升值无法解决美、中之间的贸易逆差。造成中、美之间贸易差额的根源在于两国的经济结构和贸易结构的差异,以及外商直接投资所带来的“迁移效应”。
In recent years, the RMB exchange rate issue has always been a key issue of Sino-US trade. The United States has accused the renminbi artificially undervalued. However, since the reform in 2005, the renminbi has risen slightly while the trade deficit between the United States and China has increased rather than decreased. This shows that the oppression of the renminbi will not solve the trade deficit between the United States and China. The root causes of the trade gap between China and the United States lie in the differences in economic structure and trade structure between the two countries and the “migration effect” brought about by foreign direct investment.