Study about How the Chinese Economic Status Affects to the Baltic Dry Index

摘要

China has become one of the world’s economic pillars, surely a G2 nation. Along with the enormously fast economic globalization and China’s fast growth, exchange consolidation between Korea and China is inevitable. Also, since Korea is a country with a high foreign trade rate, the Chinese variation is crucial. This research has analyzed the co-relationship between the BDI, ship’s space, and the Chinese economic trend, and the effect China has on the merchant marine market, using a hypothesis that says the Chinese economic fluctuation caused by national development is a major factor in the world bulk traffic fee fluctuation. The research has concluded that the Chinese economic fluctuation does affect the dry bulk traffic fee and the bottom constantly.