Research On Influence Of Trade Service On Sino-US Trade Imbalance

USA and China are the largest developed country and the largest developing country in the world respectively.In recent years,with the rapid developing of Bilateral economic and trade relations and increasing volume of trade,Bilateral imbalance is more outstanding day by day,thus resulting in frequent disputes and conflicts in economy and trade.How to treat Sino-US Trade Balance correctly, give it theoretic explanation objectively,analyze the data in a scientific way and take reasonable countermeasures to resolve it are essential to the development of Sino-US economic and trade relations.On the basis of analyzing the reasons for current Sino-US trade imbalance in theory,summarizing the recent research findings about it,illustrating its status and characteristic and so on,the author puts forward that understanding Sino-US trade correctly is of significance.In this dissertation,a large number of data, charts,diagrams and statistical information are used for rigorous logical reasoning;Then demonstrate the influence on accuracy of Sino-US trade statistical data from several aspects resulting from service trade data being not counted in it.Sino-US Trade imbalance are re-estimated in two ways,that is,cross-border service trade data(BOP) and non-cross-border service trade data(FATS) are counted in Sino-US Trade imbalance respectively.Through re-estimating this paper verifies the huge deviation of the Sino-US Trade,so it can not reflect the real bilateral trade relationship any more.Finally,combining with the situation of Sino-US Trade, this paper proposed new solutions to the trade problems between the USA and China.