An Analysis of China's Trade Balances with Other Countries and Regions

This article utilizes a large amount of statistical data to analyze the global distribution of foreign trade in China since 1990,as well as the factors involved and the changes in trends.The research results indicate that China has gained a favourable balance against developed countries and a disadvantageous balance against developing countries;China enjoys a trade surplus with North American and European countries while suffering deficits with those in the Asia.pacific region,as well as with resource-abundant Australia,Africa and South America. With regard to trends,the structure of China’s foreign trade will not undergo fundamental changes in the short term,but in the long run will be transformed in line with restructuring of the growth pattern.

The Regional Conference of the IGU on Asian Pacific Countries Successfully Held in China

TheThe Regional Conference on Asian Pacific Countries of the IGU was held from August 13 to 19,1990 at Beijing,on the premises of Peking University.It was the first of such event of the Union to take place in China.The Conference was attended by 1017 geographers from 40 countries of six continents(Asia 788,Europe 125,North America 74,Oceania 15,Latin America 7,Africa 3),with the larger delegations from:U.S.A.(45),South Korea(44),Japan(31),France(18),Italy(17),FRG(16),Canada(16),U.S.S.R.(13),Australia(10),Spain(9),U.K.(8)and India(8).China composed the majority,and Taipei sent a sizable delegation of 15,the rest of the participating countries sent 1-4 delegates each.The organizing committee of the Conference included the executive committee members of the Geographical Society of China and members of China Committee for the IGU.Profs.Huang Bingwei and Wu Chuanjun were responsible for all the activities organized during the Conference.

Which Country/Region Will Benefit More from China's Growth?

The recent admission of China into the WTO (World Trade Organization) further increases the interest on international trade, especially on the benefits and impact of trade. It is not the primary objective of this paper to discuss the benefits and effects of trade or WTO membership as such. Rather, the focus is on how the growth of a country (either China or any other country) may increase the benefits of its trading partners. In particular, which countries/regions will benefit more from the growth of China? And from the growth of which countries/regions will China benefit more?Greater openness increases efficiency and productiv-

Economic growth and unemployment in East Asia

Barro and Sala-i-Martin （2004） analyzed the empirical determinants of growth. The data used in this paper consists of panel data of several macroeconomic variables observed for 55 years 0950-2004） in six East Asian countries and regions. Following the implications of semi-endogenous growth theory, the author regressed output growth on the determinants of steady-state income. The estimation and test results suggest the existence of significant relationship between steady-state income and （trend weighted） R ＆ D input both in Japan and South Korea. In addition, following Cellini （1995）, the author also considers cointegration and error-correction methods as the growth regression of East Asian countries. Meanwhile, Chang, et al （2004） derived the conclusion that the decreases in reallocation shocks are main factor in a downward trend in natural rate of unemployment for South Korea. The author extends this analysis using structural VAR to other Asian countries and regions, Japan and Taiwan region. Impulse responses show that the growth of production in Korea and Taiwan reduce unemployment, but, in Japan, this raises unemployment.