The Fluctuation Of RMB Exchange Rate Influence The International Trade Between China And America

As the developing country, China has a great development on the economics aspect and has been focused by other countries in the world. With the rapidly development,the fluctuation of RMB exchange rate has been paid more atterntion in the world. As the most important international trade company,America has a great impact on Chinese international business.No matter on the history of RMB system evolution or the international trade, America has played an vital important role between the two countries business. Therefore, the study of the influence of RMB exchange rate fluctuation between China and America is very important to China economics nowadays and future.Based on the theory of exchange rate study, this article analyze the reasons that influence international trade between China and America. They use the Real exchange rate of RMB, the gross domestic product of China, the gross domestic product of America,the value of imports and the value of exports as the variables to be analyzed. They analyzed the relationship between these variables and aim to decrease the influence of other reasons of international financial environment,this article use the real samples which are rejected the consumer price index. As China’s major trading partners, America reforms and development process of import and export trade and the exchange rate has a significant place. The implementation of a single exchange rate regime pegged to the dollar from RMB to develop into a floating exchange rate regime, the exchange rate changes in people’s import and export trade between the two countries have an important impact.Meanwhile combined with the GDP of two countries as variable analysis import and export trade,using Vector Autoregression model,a systematic analysis of the interaction between several variables. The exchanges rate of RMB trade has a positive impact on domestic economic environment is as bilateral trade relations between the two countries will play a catalytic role.Finally, the results obtained with the previous academic literature analysis and comparison of traditional exchange rate theory, can be more clearly seen in the past ten years the RMB exchange rate changes on the balance of payments impact of trade. And made some improvement in the economic significance of the analysis and policy recommendations in accordance with the appropriate changes.