Wang, Yongqing (contributor); Wan, Guanghua (contributor) - 2008
Chinese exports and thus its trade surplus with the rest of the world. Interestingly, devaluation of the Chinese currency Yuan …,t
++++= 3210
(1)
In Equation (1), M is China’s nominal imports from the world and X is her nominal
exports to the world. Yc is …/outflow FDI using SURE
Y Yc E F OF Inpt
Exports (X) 7.38*
(15.50)
NA 0.17
(0.88)
NA NA -21.84*
(7.61)
Imports
(M)
NA 1 …