§07§This book corrects popular misconceptions about China's trade surplus. It examines the relation between RMB's exchange rate and China's trade surplus and discusses how China could potentially reduce trade frictions. §16§China's trade surplus is an essential question, but there are many popular misconceptions about it, a fact that prompted the creation of this book, On China's Trade Surplus. It will help readers to understand the manner in which China's foreign trade and China's role in global trade have developed, and to how to benefit from trade with China. In this book, many hot topics are analyzed, such as: What promotes China's trade surplus? Why doesn't it have a trade deficit? What are the relations between trade frictions and China's trade surplus, and how can trade frictions be reduced? What is the deeper meaning of the U.S. trade deficit with China?§ §04§China's trade surplus: a whole view.- What promotes China's trade surplus.- Why China's trade deficit should not appear.- To reduce trade frictions.- The U.S. trade deficit with China: an excuse.
