An Empirical Study of the Impact of RMB Exchange Rate Fluctuations on Sino-US Trade

In recent years, the US has urged yuan to appreciate in order resolve its trade deficit with China. This article systematically analyzes basic situation of RMB exchange rate changes and development Sino-US import export past 20 uses Eviews construct a measurement model confirm that impact on is not as good economic importing country The significant, intention United States improve by prompting appreciation renminbi ineffective. It also puts forward policy recommendations attach importance excessive consumption volume. should liberalize strict controls China’s exports, further optimize product structure imports establish risk prevention mechanisms.