中美经济失衡的发生与调整:美元霸权和经济虚拟化的视角

The Occurrence and Adjustment of Economic Imbalance between China and U.S.:from the Perspective of USD Hegemony and Economy Virtualization

中美经济失衡的发生是美国长期坚持美元霸权战略和经济过度虚拟化的结果。布雷顿体系解体后美国不断扩大美元的发行,造成对外贸易逆差;同时,大力推进经济虚拟化进程,造成实体经济与虚拟经济之间的失衡,形成美元回流机制,再加上中国经济金融发展的滞后,最终形成了中美之间的经济失衡。对此,中国应采取必要的对策进行调整。

The economic imbalance between China and the United States occurred as the result of long-term USD hegemony and over-virtualized economy. After the collapse of the Bretton Woods system, USD overwhelmed in circulation, resulting in the external trade deficit; at the same time, the process of economy virtualization was vigorously pro- moted, resulting in the imbalance between real economy and virtualized economy. The USD round-back mechanism and lagged China＇s economic and financial development caused economic imbalance between China and the United States. In this reform, regard, China should take the necessary adjustment measures, such as deepening the domestic financial market pushing forward the manufacturing center and RMB internationalization, adhering to export development strategy and the reform of RMB exchange rate formation system.