Analysis of American Potential Benefits At the Back of “Considerable” Sino-American Trade Deficit
- Peng Luo
Abstract
The paper investigates reasons why there are large gaps in foreign trade statistics between China and America. Different statistic calibers, neglect of transit trade and transit added value, processing trade and industry transference, American increased direct investments in China, American multinational companies’ operation in China and the adoption of export control policy to China have done great deal in this. Through analysis, finally we find that US has obtained great benefits at the back of trade deficits. It has become a powerful weapon to open Chinese market.- Full Text:
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- DOI:10.5539/ijbm.v3n12p25
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