This paper analyzed the role of processing trade in China’s bilateral trade balances and the impact of the yuan …’s appreciation on processing trade. The analysis is based on a panel data covering China’s 51 major trading partners from 1993 …-2008. The empirical analysis shows that: (1) processing trade accounted for 100% of China’s overall trade surplus and could …

This paper explores how processing trade, jointly with tariff reduction, can improve a firm's productivity. Tariff …

This paper explores how processing trade, jointly with tariff reduction, can improve a firm's productivity. Tariff …

primarily stem from processing trade. This paper investigates how exchange rate changes would affect the PRC's imports for … reduce the PRC's surplus in processing trade, while an appreciation of the yuan alone might not. Even for an appreciation …