Sino-US Economic and Trade Relations: Near or Far?——International Comparison of Commodity Trade, Services Trade and FDI
GAO Zhi-xiong1, LU Jin-yong2, GAO Fei3
1.School of Economics and Management Ningbo University of Technology,Ningbo 315211,China; 2.FDI Research Center University of International Business and Economics,Beijing 100029,China; 3.The University of Hong Kong,Hong Kong,China
Abstract:
Based on the data of 1999-2009,this paper analyzes the relative economic and trade position in aspect of commodity trade,service trade and FDI between China and U.S. among 41 major partners of U.S. using factor combined degree which is expanded to services trade and FDI from trade combined degree and the economic and trade relation indicators firstly constructed in the paper. The results show that the economic and trade relationship between U.S.and China,in comparison,is not closely while the relation of imported trade is near,the tendency of relation in commodity trade,exported trade in service and outward FDI are different. Furthermore,the paper also demonstrates that there existing little differentiation among the relation of US-China,US-France,US-Sweden,US-Italy,US-Chinese Hong Kong,US-Norway,US-Thailand,US-German,and more similar relation between US-China and US-France in commodity trade,service trade and FDI.
GAO Zhi-xiong, LU Jin-yong, GAO Fei.Sino-US Economic and Trade Relations: Near or Far?——International Comparison of Commodity Trade, Services Trade and FDI[J] Economic Survey, 2013,V1(6): 55-60