Abstract
As a developing country, trade deficit should not appear in China. Both the stage of economic development and the level of social development of China tell us that trade deficit is not desirable for China. Export is indispensable for China’s current industrialization process and economic growth. Enormous labor pressure from the dual economy can’t be solved by the domestic demand alone. Moreover, as the “world factory” China is becoming the production base of many Chinese and foreign enterprises, so the products should be exported to all over the world. Besides, in the crisis era, when all the countries eager to stimulate economic growth by promoting exports, how China’s plan to promote economic growth can include the terms of restricting the export?
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Engerman SL, Robert EG (2008) The Cambridge Economic History of the United States (in Chinese) Vol 2, China Renmin University Press, p 688
Chao Qiao (1997) Analysis of some countries’ dependence on trade. World Economic Forum 2:49–53
Author information
Authors and Affiliations
Corresponding author
Rights and permissions
Copyright information
© 2014 The Author(s)
About this chapter
Cite this chapter
Yuan, T. (2014). Why China’s Trade Deficit Should Not Appear?. In: On China's Trade Surplus. SpringerBriefs in Business. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-38925-2_3
Download citation
DOI: https://doi.org/10.1007/978-3-642-38925-2_3
Published:
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-38924-5
Online ISBN: 978-3-642-38925-2
eBook Packages: Business and EconomicsBusiness and Management (R0)