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This paper aims to reduce the range within which the true U.S.-China bilateral trade deficit lies, and identify the … calculated U.S.-China bilateral trade deficit is $15 billion to $20 billion in 1994, and $16 billion to $22 billion in 1995 …, compared to the official range of $8 billion to $30 billion, and $9 billion to $34 billion, respectively. The widening of the U.S.-China …
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it from the Chinese perspective. In this study, I empirically examine the underlying driving forces of China's trade … vector autoregressive model with quarterly time series data for China, using the Bayesian method. The results show that … changes in asset price affect China's trade balances through private consumption and investment. Also, an appreciation of the …
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