Empirical Analysis of Sino-US Trade Imbalance in the View of Industry Transference
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Abstract
Recently Sino-US trade imbalance has become more serious than before.This paper shows that the transferring of industry is the main reason of trade imbalance by both industry transference theory and co-integration analysis method.FDI-as the micro-appearance of US transferring to China and the transference of industries in East-Asia countries cause and drive the trade imbalance.
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