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Adjusting Chinese Bilateral Trade Data: How Big Is China's Trade Surplus?

Overview Hong Kong plays a prominent role as a re-exporter of a large percentage of trade bound for or coming from China. Current reporting practices in China and its trading partners do not fully reflect this role and therefore provide a misleading picture of the origin or ultimate destination of Chinese exports and imports. This paper adjusts bilateral trade data for both China and its trading partners to correct for this problem. The paper also corrects for differences due to markups in Hong Kong and different standards for reporting trade (c.i.f. versus f.o.b.).

Further White Paper Details
Publisher	Federal Reserve Board	File Format	PDF
Date Published	April 2005	Downloads	5
Format	White Papers
Topics	Financial Management

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