Empirical Analysis of Bilateral Trade Complementarity between China and the U.S.A.

Abstract

The author have conducted an empirical analysis on the data of Sino-US trade in the period of 2000-2006 with a focus on the level of intra-industry bilateral comparative advantage and international competitiveness using the index of RCA and intra-industry trade. The trade difference in the patterns of specialization observed in China and in the USA, and that the two countries are in a lasting and stable complementary relationship in trade.