The Occurrence and Adjustment of Economic Imbalance between China and U.S.:from the Perspective of USD Hegemony and Economy Virtualization

The formation of long-term global economic imbalances,and its causes are complex,multifaceted,and its adjustment is an extremely difficult and slow process,but it has long-term impact will be and the countries of the world balance and sustainable development,has become a increasingly serious problem in today\'s world.

return mechanism, coupled with the lagging-behind of Chinese economic and financial development, has ultimately caused the economic imbalance between China and the United States.

Yet,as for the causes of this wave of global imbalance,there are different theories,the major views of which are America s domestic savings insufficiency views,American s economic strong performance view,global savings glut views,and center-periphery views and globalization deepening views.

However,adjustments for global imbalance can be conducted from three aspects: adjusting foreign capital flowing into the U.

Nowadays,global imbalance becomes the basic economic structure which consists of huge trade deficit in US and surplus capital reflowing back to the US.

This paper analyses the pressure of RMB appreciation,which is led by the China’s disequilibrium in domestic and international economy,the lasting double favorable balance of payment,and no wage promotion responding to productivity improvement.

This article, by analyzing the unbalance of external economics and its effects, studies the mechanism of policy-coopera.