The Impact Of RMB Appreciation On The Trade Between China And South Korea

China and South Korea are very important countries in Northeast Asia, with China’s economic development, trade between the two countries more and more mature. China is South Korea’s largest trading partner, to China and South Korea established diplomatic relations since1992, trade between the two countries developed rapidly growing trade. China has always been "re-export, import light" strategy, the main export low-priced products, which is labor-intensive products. Not only is South Korea, China and the world has always been such export structure. With China’s economic development, trade friction between China and other countries increasingly intensified. Heads of the United States, European Union, Japan and other countries continue to put pressure on the Chinese YUAN. In the case of developed countries to exert pressure on China on the Chinese YUAN has been adjusted, the proper appreciation of the RMB. The’future of China’s economy continues to developing, China’s road to go on a world power, appreciation of the RMBis inevitable fact. South Korea is China’s approaching the country, in a very dependent on China trade; varieties of processed products, raw materials, labor-intensive products, such as South Korea imports of agricultural products.The case of appreciation of the RMB, the cost of imports of these products will grow, which imports from China to South Korea brought no small trouble. Meanwhile, the export of Chinese products facing difficulties, China gradually reduced cost advantage. Under the overall industrial structure, China is difficult to get the trust of consumers in the world market. However, the RMB appreciation on China is an opportunity, RMB appreciation on China’s imports are very favorable in terms of the situation.In this paper, by analyzing the status of theory and South Korea exchange trade, China in the context of how to better appreciation of the RMBeffective development of bilateral trade and make recommendations. To find a breakthrough with China focused on changes in industrial structure, and common development of the two countries in the future as the goal...