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The Influence of the Depreciation of China's Domestic Currency on Trade Relations with the EU

Author

Listed:
  • Loredana Jitaru

    (“Alexandru Ioan Cuza†University of Iași)

  • Lorena Florentina DumitraÈ™ciuc

    (“Alexandru Ioan Cuza†University of Iași)

Abstract

Despite the fact that EU-China cooperation relations have enjoyed undeniable success, issues that affect the harmonious development of these relationships have not been delayed. One of the issues affecting EU-China trade relations is the EU's trade deficit. In this context, we want to examine the influence of the Chinese currency depreciation on trade relations with the EU. In this regard, we aim to see if there is a possible link between the EU trade deficit in relation with China and the renminbi depreciation, and for this we applied the correlation method.

Suggested Citation

  • Loredana Jitaru & Lorena Florentina DumitraÈ™ciuc, 2019. "The Influence of the Depreciation of China's Domestic Currency on Trade Relations with the EU," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 33-38, August.
    • Handle: RePEc:ovi:oviste:v:xix:y:2019:i:1:p:33-38
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    References listed on IDEAS

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    Cited by:

    1. Pengyu Ren & Ibrahim Sakouba, 2024. "Exchange Rate Movements and China-East Africa Trade Balance: A New Perspective From RMB," SAGE Open, , vol. 14(1), pages 21582440241, February.

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    More about this item

    Keywords

    depreciation of the Chinese currency; RMB exchange rate; China; trade deficit; EU;
    All these keywords.

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F31 - International Economics - - International Finance - - - Foreign Exchange

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