Wang, Y. (2010) The Impact of RMB Exchange Rate Fluctuation on China’s Soybean Import: Taking Sino-U.S. Trade as an Example. Finance and Economics (Academic Edition), No. 3, 34-37.

has been cited by the following article:

• TITLE: The Effect of Soybean Trade between China and the United States on Chinese Residents’ Consumption Expenditure—Based on 2004-2016 Trade Data

  AUTHORS: Yangyang Qi, Quanlong Qi

  KEYWORDS: Cointegration Analysis, VECM Model, Per Capita Consumer Expenditure, Impulse Response

  JOURNAL NAME: Modern Economy, Vol.9 No.6, June 5, 2018

  ABSTRACT: This paper uses cointegration analysis method to estimate the correlation between China’s per-capita consumption expenditure and the amount of soybean imported from the United States. It is found that importing soy from the United States can reduce China’s per capita consumption expenditure. There is a long-term equilibrium between the per capita consumption expenditure and the imports of soybean native to the United States. In the short term, one of them can have a lasting impact on the other.