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Essay Details:
Essay text:
More and more countries including China are concerning about the side effects of rising trade surplus which become obvious. This essay will mainly focus on two aspects: one is the negative influences on global economy and China itself caused by rising trade surplus; the other is measures taken by the government under this circumstance to narrow the trade surplus.
The excessive growth of China’s trade surplus plays an important role in the imbalance of the world’s economy. China’s surplus, together with America’s current-account deficit, has been the most notably factor which causes the widening imbalances the of global economy over the past decade (“Rebalancing act” ,2008 para2)...
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