5Davis, Donald and David Weinstein. The Mystery of the Excess Trade Balances [J] . American Economic Review AEA Papers and Proceedings, May 2002, 92 (2) , pp.170-174.
6Greenspan, Alan. Greenspan: Pricier Yuan won' t help US trade deficit [EB/OL] . December 2003, http://www.chinadaily.com.cn/en/doc/2003-12/12/content_289670.htm.
7Eckaus, Richard. Should China Appreciate the Yuan[R] . MIT Department of Economics: Working Paper Series Working Paper 04-16, January 15, 2004, pp.l-19.
8U S -China Economic and Security Review Commission or USCC. 2004 Report to Congress[R] . One Hundred Eighth Congress, Second Session, June 2004, http://www.uscc.gov, pp.4-37.
9Zhaoyong Zhang. The Exchange Value of The Remninbi And China' s Balance of Trade: An Empirical Study [R] . NBER Working Paper No.5771, September 1996, pp.1-23.
10Yingfeng Xu. China' s exchange rate policy [J] . China Economic Review, 2000 , (11) , pp.262-277.