中外国际投资头寸表之比较及启示

A Comparison between Chinese and Foreign IIP and It’s Implications

国际投资头寸反映一国与世界其他国家的资产负债的存量关系,是分析一国对外经济关系的重要工具。中国在国际投资头寸统计上起步较晚,相关研究较为薄弱,并导致一些模糊认识。为此,将中国与日本、德国和美国三个发达国家的国际投资头寸进行国际比较,对中外巨大差异及其原因的分析表明,中美经济失衡也很大程度上体现在对外资产负债结构的失衡上,中国有理由和有条件加快改善对外资产负债结构的进程。

International investment position is an important tool that reflects economic relations of stock of assets and liabilities between an economy and rest of the world.The late start for China＇s IIP statistics,led to a weak research and some vague understanding.For this end,to compare China’s IIP with those of developed countries including Japan,Germany and the United States,and analyze the great differences and their causes is necessary.The analysis shows that the structure imbalance of assets and liabilities reflects the Sino-US economic imbalances to a large extent;China has reasons and conditions to facilitate the process of improving the structure of external assets and liabilities.