人民币汇率与中美贸易摩擦的协同分析

Collaborative Analysis on RMB Exchange Rate and Trade Conflict Between China and America

中美近段时间以来的贸易失衡争端引发了人民币汇率的"大讨论"。美国一度强调人民币汇率贬值、中国不合理的贴补政策和资本的外流等因素导致了美国对中国贸易逆差的持续高涨;中国两度"汇改",使人民币汇率一直处于攀升的态势,而且不断进行经济结构的调整,然而仍使美国所不满。通过研究人民币汇率的变动,并以中美贸易的对比,发掘引致中美贸易摩擦的实质因素,最后提出降低或消除这种非均衡的根本策略。

＂Free discussion＂ of RMB Exchange Rate on the basis of trade imbalance has begun in China and America recently. Some factors America emphasizes at one time, for example, depreciation of RMB exchange rate, unreasonable policy of subsidy in China, capital outflow, etc. lead to persistent rising trade deficit of China and America. RMB exchange rate reforms twice, and it is rising all the time, and China adjusts continually economic structure, however, America is yet unsatisfied. By researching change of RMB exchange rate and mercantile contrast of China and America, essential elements induced the trade friction are discovered. Finally, fundamental tactics are presented in order tO reduce or eliminate the non-equilibrium.