文档介绍：On theExploding EU Trade Deficitwith China Anjia Abstract:The sharplyrising EU tradedeficit with China andthedual surplus on Balance ofPayment(BOP)in China have been drawing aRention both athome and abroad,with most of the papers On thisissue regarding it as theunbalance thatshould beadjusted by such measures as revaluation thispaper,the processing ffadewitnesses a highersurplus ofpercentage on current account(including theEU仃ade and Chinaffade),while thesurplus on capital andfinancial account witnesses inflow debitbalance on botIloftheotherinvestment and the conclusion is that isonly aresultof one phase from theprocessing ofreallocation ofcapital around theworld,SO it’S unnecessary tobalance thesurplus by revaluation study argues that we call reform theregulation is tO change the Forex Purchase and Salespolicy into Forex Deposition policy, and then USe the solution s forcentral bank merce for mercial banks, corporations andprivateenterprises Canform a real floating Forex market. Key Words:EU tradedeficit withChina;dual surplus;exports of high-tech products 1 Introduction EU has been thelargesttrade partner ofChina —import valuebetween botllparties hasregistered an average increaseof20%ever totalvalue ofbilateraltrade hasregistered$ billion increase by 27%.The surplus in current account withEU inthese5years increasedfrom$ !璺竺!璺旦堕垡曼!塑璺璺!型曼竺!!!!皇些!型垦竺皇翌旦!Y囱 billionof2003tO$ made up %of thetOtalsurplus in current account inChina trendofexport tOEU surged ahead with a vengeance in2008,the export—import value between both parties has registered $,with theexport value at$88 billion,and theimport value at$42 billion from January surplus in current account between Chinaand EU atthistimeis$46 billionwhich makes up 79%of the totalsurplus in current account inChina. EU is alsothelargest