Impacting Effect Research Of RMB Cross-border Trade Settlement Imbalance

China has an increasingly economic active in the world in recent years. Improving the degree of opening to the outside world, RMB internationalization is needed in order to fulfill the promises of China’s accession to the WTO. Therefore, the RMB cross-border trade payment rates have significantly increased. Through the encouragement of government’s policy and the development of its own economy, there is a more and more realistic foundation from 2009 in our international trading. With a rapidly developing business, settlement amount of RMB in the import and export has got a qualitative increase, compared with 2009, it rosed by nearly 12 times.The paper realized the RMB cross-border trade settlement has been a strong power of development, at the same time, due to negative internal and external economic factors, the shortcoming are gradually exposed which means settlement amount of RMB in the import more than its in the export even though the huge total settlement amount. Those shortcomings caused RMB cross-border trade imbalances deeply. Thus, the wave effect of trade account balances and the expanded foreign exchange reserves are appeared.In view of this, in the process of RMB internationalization, the paper attaches great importance to the RMB cross-border trade settlement and those negative effects in international trading, making an analysis about the wave effect of trade account balances and the expanded foreign exchange reserves, and the effects are remarkable, then, the import and export trade development are influenced by those effects. Therefore, making some targeted countermeasures to control this problem. So, the paper has been started from the RMB cross-border trade settlement’s development strategy and model, for the analysis of RMB cross-border trade settlement imbalance originally. Then, make a detailed analysis about the factors which caused the RMB cross-border trade settlement imbalances, and make a deep analysis about the negative impacting effect. Moreover, constructing models and explanatory variables on the basis of qualitative by, using the total settlement of RMB in the export and import trading and China’s foreign exchange reserves as the research sample in corresponding time, making the study of impacting effect and its significance level through the method of return analysis. Finally, through comparing with the background, characteristics and experience of euro which has been developed as an international currency, the paper realized that promoting RMB cross-border settlement balance effectively should be firstly promoting RMB cross-border settlement balance in an area, then expanding the scale of foreign direct investment and improving the structure of import and export trade when facing the RMB cross-border settlement imbalances and its negative impacting effects.