The Effect of TPP on Foreign Trade, Investment and China’s Corresponding Strategy——A Heterogeneous Firms Theory Perspective
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The Effect of TPP on Foreign Trade, Investment and China’s Corresponding Strategy——A Heterogeneous Firms Theory Perspective
SUN Xiao-ni1, LIU Qing2
(1.School of International Business Administration,Shanghai University of Finance and Economics,Shanghai 200433,China; 2.School of Economics,Hefei University of Technology,Hefei 230009,China)
Abstract TPP(Trans-Pacific Strategic Economic Partnership Agreement) is one of the most important FTA(Free Trade Area).Combining related FTA theory,the paper extends the existing heterogeneous firms trade model and analyzes the effect of TPP on the China’s foreign trade and investment and the corresponding measures which China should take.The paper finds that TPP will exert very different effects on China and America.The trade liberalization which TPP want to promote will restrain China’s trade and FDI,but promote America’s export and inward FDI.At present stage,China is less likely to join in the TPP.Promoting the domestic demand and establishing the China/Japan/Korea FTA can alleviate the negative effect that TPP may exert on China.
SUN Xiao-Ni,LIU Qing. The Effect of TPP on Foreign Trade, Investment and China’s Corresponding Strategy——A Heterogeneous Firms Theory Perspective. Economic Survey, 2015, 32(2): 050.
2015, Vol. 32 
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