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

YU Fangdong1 (余芳东)

 
Editorial note:

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.

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