Why is a large trade surplus bad, and why is it not necessarily a good thing to say that a trade sur

It's just that the things that come from outside are stored

The so-called surplus refers to the fact that the total amount of exports of a country is greater than the total amount of imports in a specific unit of time (usually calculated on an annual basis), also known as "excess", which means that the country's foreign affairs are in a favorable position in that year. The size of the surplus largely reflects the state of a country's external activities in a given year.

Under normal circumstances, it is not advisable for a country to have a large external surplus for a long time, because this can easily cause friction with the relevant partner countries. For example, one of the main reasons for the fluctuation in bilateral relations between the United States and Japan is that Japan has been in a huge surplus for a long time.

A large amount of foreign exchange surplus usually leads to a corresponding increase in the amount of local currency in a country's market, which is likely to bring inflationary pressure, which is not conducive to the sustained and healthy development of the national economy.

The essence of the huge ** surplus is the result of excessive exports, which will bring long-term harm to the economy and people's living standards. In the past, China's surplus was very large, and most of the export commodities were raw materials and basic daily necessities, and there were few high-tech and high-value-added goods. In particular, obtaining foreign exchange through the cheap garment industry and exchanging it for airplanes is an "extensive" mode of economic growth.

We have continuously shipped cheap and high-quality daily necessities to developed countries, so that they can enjoy better goods than they produce themselves at low prices, and we get too much foreign exchange reserves.

Summary: An excessively high ** surplus is a dangerous thing, which means that the growth of the domestic economy is too dependent on external demand and the dependence on foreign countries is too high; The huge surplus has also brought about the expansion of foreign exchange reserves, brought greater appreciation pressure to the RMB, and also gave the international protectionist forces a pretext, believing that the huge surplus reflects the undervaluation of the RMB, which increases the pressure of RMB appreciation and financial risks, and increases the cost and difficulty of the reform of the RMB exchange rate mechanism. In this regard, the simpler countermeasure is to change the "extensive" economic growth mode, reduce the surplus, and stimulate domestic consumption.

Because if the surplus is too large, it will lead to the loss of money abroad, so it is not good to have a large surplus.

If the surplus is too large, it will lead to inflation, and even a financial crisis, and the economy will stagnate.

Because the surplus will lead to the depreciation of our RMB, and the consumption level will gradually increase, which is not conducive to social and economic development.

A surplus is not necessarily good, and a surplus that is too high is a dangerous thing, which means that the economic growth is too dependent on foreign countries. The economic dependence on foreign countries is too high, the space for the development of the national economy is narrow, and it is difficult to adjust the export structure.

**The larger the surplus, the more foreign exchange that needs to be operated in the international financial market, and the higher the cost of the country's foreign exchange reserves. **Surpluses increase capital outflows. Under the foreign exchange settlement and sales system, the inflow of foreign funds must be converted into foreign exchange reserves, which are mainly bonds with US dollars and euros in reserve.

**The more surpluses, the more foreign exchange reserves, the more foreign bonds, and the more outflows. The huge ** surplus has also brought about the expansion of foreign exchange reserves, which has brought greater appreciation pressure to the national currency.

1. Deficit and surplus are relative concepts, for example, for a period of time, the total value of China's exports is less than the total value of imports, then it is in a deficit situation; On the contrary, it can be said to be a **surplus. In fact, if you look at it literally, of course, the surplus is better, there are more exports, more money, more foreign exchange reserves, and so on, but if it is too much, the inflationary pressure of a country will also increase. To take the simplest example, too much surplus is equivalent to making more money in the foreign trade economy, then everyone is rich, and other links of foreign trade are relatively more expensive (such as labor, logistics, materials, etc.), so such excessive growth is also problematic.

2. Most people think that the surplus is good, but it is actually wrong Which is better, the surplus or deficit, one depends on the structure, and the other depends on the reasons For example, China and the United States have a surplus, but the result is mainly low-end products, and some of them also include the products of multinational companies that wrap American companies, and because China's domestic demand is not a major reason for the surplus, this is not a good thing for China In addition, the excessive foreign exchange reserves caused by the surplus also have a negative impact on the national economy The deficit also depends on the situation