The Research On Balance Of Trade Between East Asian Economies And China

Since the 90s of last century, Japan's domestic economies turns down, emerging industrialized countries rapidly catching up and China's postion rise makes the dominance status of Japan in East Asia weakening. "triangular trade model" is clearing away, who led the development of East Asia ever. Now China imports a large number of parts, then exports the ultimate consumer goods to Europe and the United States, which develops a new "triangular trade model". In this new model, the trade between China and East Asia economies shows significant imbalance. With the trade deveops in depth, a trade deficit in the region is growing year by year.Given the importantce of China in trading relations with East Asian economies, analysis of trade balance between China and East Asian economies and the reasons on it has far-reaching significance.Firstly, regarding the trade situation amoung China and East Asian economies as a starting point, from the total amount and structures of trade deficit between them, I analysis its significant features, and make a lot of data analysis in index analysis method, In order to get the status and trade structure in the process of trading between them. Finally clearing the effect mechanism of vertical specialization trade balance. I calculate the vertical specialization between China and East Asian economies in vertical specialization(VS). Then draw the status of vertical specialization in trade imbalance between them. In the end, the paper propose, although China's economy status in East Asia becoming more and more important, but still in the downstream division of labor, which is very unfavorable for long-term development of China's economy. So this papers puts forward policy recommendations corresponding.