A Study on the Relationship between China’s Import of Cotton and Export of Textile and Apparel--Taking the Trade Partner of USA as an Example
WANG Li-rong 1,2, ZHOU Shu-dong 1
(1. School of Economics and Management, Nanjing Agricultural University, Nanjing 210016, China|2. Business School, Nantong University, Nantong 226019, China)
Abstract After the abolition of ATC, United States and Europe re-imposed restrictions on China’s exports of textile and garment. Meanwhile, China imported a large amount of cotton from America. In the light of the phenomenon, through constructing a VAR model, the authors analyzed the relationship between China’s imports of cotton from the U.S. and exports of textile and apparel with impulse response function etc. The results show that large influx of cheap U.S. cotton played a role in the rapid increase in China's apparel exports after the abolition of the ATC. In solving the textile and apparel trade conflicts between China and America we should make good use of the cotton import from USA as a bargaining chip in order to promote Sino-U.S reciprocal trade
WANG Li-Rong,ZHOU Shu-Dong. A Study on the Relationship between China’s Import of Cotton and Export of Textile and Apparel--Taking the Trade Partner of USA as an Example. Economic Survey, 2011, 28(4): 071.
2011, Vol. 28 
