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The influence of RMB Appreciation to China's Foreign Trade condition

Wang Liang-chao

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Abstract

In the past two years,the reform of RMB exchange rate system has shown its influence on many fields of the economy.According to classical exchange rate theory,RMB appreciation will be adverse to our foreign trade.In this article,we try to analyze the real influence of RMB Appreciation to the foreign trade by summarizing the Foreign Trade condition from July 2005 and analyzing the data of some typical goods issued by China customs.

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What this paper is about

In the past two years,the reform of RMB exchange rate system has shown its influence on many fields of the economy.According to classical exchange rate theory,RMB appreciation will be adverse to our foreign trade.In this article,we try to analyze the real influence of RMB Appreciation to the foreign trade by summarizing the Foreign Trade condition from July 2005 and analyzing the data of some typical goods issued by China customs.

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Available abstract

In the past two years,the reform of RMB exchange rate system has shown its influence on many fields of the economy.According to classical exchange rate theory,RMB appreciation will be adverse to our foreign trade.In this article,we try to analyze the real influence of RMB Appreciation to the foreign trade by summarizing the Foreign Trade condition from July 2005 and analyzing the data of some typical goods issued by China customs.

Key concepts: Renminbi, China, Exchange rate, International economics, Economics, International trade, Foreign exchange, Monetary economics

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