热钱流入途径与中国零售业问题(国外英文资料).docVIP

热钱流入途径与中国零售业问题(国外英文资料) The way of hot money inflow and Chinas retail industry.Txt Behind the high trade surplus: to uncover the path of hot money, black gold 2005 is a joint point. In 2003, Chinas trade surplus was $25 billion 470 million. In 2004 it was $about 30000000000, but in 2005 it reached $102 billion, and in 2006 it surged to $177 billion 400 million. This is an abnormal growth rate of trade surplus. Fu Junwen, director of the Trade Research Office of the Shanghai Academy of Social Sciences, raised his doubts. To this doubt, Wang Zhihao, chief economist at Standard Chartered Bank, conducted a statistical analysis in March 2006 to find the reasons behind the abnormal growth rate of trade. Wang Zhihao found that Chinese trade surplus in 2005 is far less than $102 billion, probably only about $35 billion, another $67 billion for false value or transfer pricing caused by massive foreign capital inflows China, this is in fact a surplus of $67 billion from the virtual high trade. Fu Junwen agreed with Wang Zhihaos method, he believes that if the conservative kept artificially high trade and trade surplus in the first two years of the 2006 year-on-year growth, trade surplus of $177 billion 400 million, an increase of 74% over 2005, then inflated trade scale may reach $116 billion 580 million. What is behind the virtual high trade? Yan Lixin, Secretary General of the China Research Center for anti money laundering at Fudan University, hit the nail on the head: unidentified sources, funds or hot money pass through the legal way of trade , bypassing the supervision and flowing into the territory. Yan Lixin, an executive of an international trading company for eight years, pointed out that money laundering through trade was the most common and widespread and important way of international money laundering. Route Trade money laundering appeared in China in the late 90s of the last century. At that time, the RMB was mainly drawn out of RMB, but it began to reverse in 20