Chinese Translation of International Trade Terms--A Corpus Based Study

Being widely used in global trade,the translation of international trade terms is necessary.Major procedures in this article are as following:(1)collecting 750 international trade terms and their Chinese translations from dictionaries,journals and official websites related to international trade terms;(2)using Tmxmall to align the international trade terms and their Chinese translation to build a parallel corpus;(3)selecting 120 out of the 750 international trade terms through random sampling;(4)classifying the international trade terms into four types through POS-tagging in CLAWS5;(5)basing on the functional equivalence and summarizing the main translation methods of international trade terms.The result shows literal translation,free translation and combination of literal and free translation employed in the Chinese translation of international trade terms.

Presenting Knowledge System of International Trade Terms in Business English Learners＇ Dictionaries

Dictionaries should present business encyclopedic knowledge as well as business linguistic knowledge. This paper, taking Incoterms for international trade as an example （with ＂CIF＂ as the case for analysis）, introduces 7 types of dictionary structures （overall structure, frame stzucture/megastrncture, macrostructure, microstzucture, distribution structure, cross-reference stzucture/mediostrncture and access structure）, summarizes the knowledge system of international trade terms （consisting of ＂international trade＂, ＂sets of rules of international trade terms＂, ＂Incoterms 2010＂, and ＂CIF＂）, and illustrates the methods of systematically presenting the knowledge system of international trade terms through dictionary structures in an English-English-Chinese bilingualized business English learners＇ dictionary with Oxford Business English Dictionary for Learners of English （New Edition） as a reference. Such presentation is intended for enhancing business English learners as dictionary users to grasp the knowledge of international trade terms as a whole.

A study of environmental impact on manufacturing products trade in Shandong,China

Based on the situation that the trade of manufactured goods takes the main position in Shandong Province,this paper identifies Shandong industrial pollutant discharge by three indices,which are industrial effluent discharge,industrial SO2 emission,and solid waste disposal.Furthermore,it conducts an empirical analysis of the trade terms of pollution content transfer on nine identified industrial sectors.The conclusion is that the increase in industrial effluent discharge,industrial SO2 emission,and solid waste disposal has paralleled the growth of the GDP in Shandong.The rapid economic growth brings obvious negative impact on the environment.Compared with that in 1998,the increase in the pollution content of exports in 2007 indicated that more environmental costs were generated with the economic development in Shandong.There is a need for optimization of foreign trade structure in Shandong,especially the need for increasing import of the pollution intensive products and decreasing the export of the pollution intensive products.The research on the relationship between manufactured goods trade and the environmental impact will make a contribution to the adjustment of foreign trade and environmental policies.

Empirical Study on Impact of China's Economic Growth on Agricultural Trade

The proposal of"Belt and Road Initiative"has brought greater opportunities for the development of China's agricultural trade,but in recent years,China's agricultural trade deficit has shown a trend of gradually expanding.Based on the data of seven years from 2012 to 2018,this paper empirically analyzes the agricultural trade effect of China's economic growth.It is concluded that the consumption effect of agricultural trade in China's economic growth is anti-trade biased,the production effect and comprehensive effect of agricultural trade are pro-trade biased,and China's terms of trade of agricultural products tend to improve.This paper puts forward some relevant suggestions from the aspects of export structure,production mode,agricultural product processing,logistics mode,e-commerce system,inspection and quarantine and so on.

Embodied Pollution in China-U.S.Trade——An Empirical Study Based on Estimation of Input-Output Technology Matrix

Using input-output tables of China and the U.S., this paper has calculated the pollution embodied in trade and structure of pollution, the balance of emissions embodied in trade （BEET） and the pollution terms of trade （PTT） for 18 manufacturing sectors of China and the US. between 2001 and 2010. The calculation aims to verify whether China has become a ＂pollution haven＂ in bilateral trade with developed countries represented by the U.S., and whether Chinese exports are ＂dirtier＂ compared with imports from the U.S., and further conducting an industry structure analysis and effect decomposition study on pollution embodied in trade in industrial goods between China and U.S.. Result of our research indicates that according to our calculation of the BEET, China remains a country with environmental deficits in bilateral trade with the U.S. while the gaps between pollution embodied in China＇s export and import are narrowing. Pollution embodied in China＇s export has the tendency of increase before decline while pollution embodied in import demonstrates no significant tendency of decline. Through effect decomposition, we further found that the effect of technology arising from the substantial decline of pollution intensity effectively lowered pollution embodied in export and narrowed the environmental deficits of China in its bilateral trade. The effect of scale arising from growing export volumes significantly increased China＇s environmental deficits while the structural effect arising from changes in the structure of import and export is insignificant in reducing environmental deficits. Our calculation of the PTT led to the finding that China＇s export goods are more pollution intensive compared with import goods and that the structure of US exports to China is cleaner than the structure of Chinese exports to the US., which requires further improvements of China＇s import and export structure.

A Brief Assessment on Whether the CISG Should be Part of English Law with Reference to Parts Ⅰ and Ⅲ of the CISG

This article briefly assesses whether the CISG should be part of English law with reference to Parts Ⅰ and Ⅲ of the CISG,hopefully providing some slight values for the development of the International Sale of Goods.

China's FDI Net Inflow and Deterioration of Terms of Trade: Paradox and Explanation

Starting from the contradiction between China＇s sustained growth in joreign direct investment （FDI） net inflow and deterioration of the terms of trade, this paper analyzes the characteristics of FDI sectoral structure since the 1990. Moreover, considering the international market competitive environment, this paper gives a concrete analysis of the influence mechanism and concludes that the flowing of FDl into labor-intensive export sectors caused the deterioration of China＇s terms of trade. To improve its terms of trade, China needs to direct FDI inflow into capital- and technology-intensive sectors and service sectors.

Research on Cultivating Dynamic Comparative Advantag.es of Chinese Industries

This paper theoretically analyzes the lock-in mechanism of labor division for developing countries when they stick to static comparative advantages and the internal mechanism of cultivating dynamic comparative advantages. Through empirical analysis, this paper finds that China, while sharing the benefits of globalization, showcases the lock-in effect regarding its status in the international labor division chain. The analysis finds that in its participation in globalization, the net barter terms of trade ~BTT） and factorial terms of trade for China are deteriorating, and the income terms of trade are seriously overvalued, resulting in a series of contradictions, such as scanty returns for enterprises, slow income growth, increasing trade frictions, and intensified environmental and resource pressures. The paper analyzes rapidly changing factors in China＇s comparative advantages and characteristics of the changes in industries where China possesses comparative advantages. According to changes in different types of industries at different stages, this paper puts forward suggestions on direction and policies for cultivating dynamic comparative advantages.

Past Successes and New Challenges:China's Foreign Trade at a Turning Point

Since 1979, China has recorded a remarkable trade performance, which has been driven by international processing and the offshoring strategies of foreign firms. The diversification of Chinese exports and their technological upgrading have been phenomenal However, there is also inertia, illustrated by the persistent dualism of the trade sector, the unrelenting specialization in downmarket products and the deteriorating terms of trade. These weaknesses have helped its partners to adjust to the rise of this new trade power. In the past decade, China＇s economy has faced the adverse effects o fan export-led growth and the global crisis has revealed its vulnerability. China is now forced to rebalance its economy. This will imply major changes in foreign trade, in favor of ordinary trade and away from processing. In the foreseeable future, China is unlikely to become the driver of international demand but will remain the engine of Asian economic integration.

Productivity Shocks and Monetary Policy in a Two-Country Model

In this paper, we examine the effects of foreign productivity shocks on monetary policy in a symmetric open economy. Our two-country model incorporates the New Keynesian features of price stickiness and monopolistic competition based on the cost channel of Ravenna and Walsh （2006）. In particular, in response to asymmetric productivity shocks, firms in one country achieve a more efficient level of production than those in another economy. Because the terms of trade are directly affected by changes in both economies＇ output levels, international trade creates a transmission channel for inflation dynamics in which a deflationary spiral in foreign producer prices reduces domestic output. When there is a decline in economic activity, the monetary authority should react to this adverse situation by lowering the key interest rate. The impulse response function from the model shows that a productivity shock can cause a real depreciation of the exchange rate when economies are closely integrated through international trade.