| In the section | Articles |
| Title of the article | China’s Foreign Trade: The Response to Changing the Exchange Rate |
| Pages | 6-22 |
| Author |
Dmitry Aleksandrovich Izotov Candidate of Economics, Senior Research Fellow Economic Research Institute FEB RAS 153 Tikhookeanskaya Street, Khabarovsk, Russia, 680042 This email address is being protected from spambots. You need JavaScript enabled to view it. |
| Abstract | Based on official data of Chinese and international statistics assessment is given of the impact of the yuan revaluation on the parameters of China’s foreign trade by country (including in terms of crisis tendencies in the global economy). A regression analysis made it possible to obtain quantitative assessments of the responses of China’s foreign trade parameters by country, depending on different yuan revaluation (10% and 50%) to the U.S. dollar. It is found that the yuan revaluation leads to reduction in the growth rates of both China’s exports and imports, with the responses by countries being different |
| Code | 339.5(510) |
| DOI | 10.14530/se.2011.4.006-022 |
| Keywords | Revaluation ♦ underestimation ♦ nominal exchange rate ♦ real exchange rate ♦ yuan ♦ U.S. dollar ♦ exports ♦ imports ♦ China |
| Download | |
| For citation | Izotov D.A. China’s Foreign Trade: The Response to Changing the Exchange Rate. Prostranstvennaya Ekonomika = Spatial Economics, 2011, no. 4, pp. 6-22. DOI: 10.14530/se.2011.4.006-022. (In Russian). |
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| Financing | The research was carried out with the support of the grant of the President of the Russian Federation No. MK-4765.2011.6 |