China Trade Surplus

Essay specific features

 

Issue:

Business

 

Written by:

Melvin H

 

Date added:

April 27, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

4 / 915

 

Was viewed:

7853 times

 

Rating of current essay:

 
Essay content:

More and more countries including China are concerning about the side effects of rising trade surplus which become obvious. This essay will mainly focus on two aspects: one is the negative influences on global economy and China itself caused by rising trade surplus; the other is measures taken by the government under this circumstance to narrow the trade surplus...
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China’s surplus, together with America’s current-account deficit, has been the most notably factor which causes the widening imbalances the of global economy over the past decade (“Rebalancing act” ,2008 para2). According to the General Administration of Customs of China’s announcement, in the first four months of 2008,the European Unions, USA and Japan remained as China’s top three largest trade partners, with bilateral trade of US$129...
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