日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Economy

Chinese ambassador refutes claims against China amid global market fluctuation

(Xinhua) Updated: 2016-02-17 16:46

WASHINGTON - Chinese Ambassador to the United States Cui Tiankai on Tuesday rejected accusations against China for the current global market fluctuation, saying that China's contribution to the global economy remains strong and that it is playing "a pioneering role" in the structural reform that the world desperately needs.

In an opinion piece published on the Wall Street Journal, Cui said China, for no logical reason, is "often used as a scapegoat for the current global market fluctuation," which includes the slumping stocks, continued decline in oil prices and the volatility of the values of currencies in emerging markets since the start of the year.

Cui highlighted a few points to help people understand the reality behind the world-wide economic volatility.

First, China's economic growth remains strong and its contribution to the world economy remains impressive.

Cui said the growing middle class is now the driving force of consumption in China. According to the World Bank, the Chinese economy grew at an average annual rate of 8.7 percent between 2009 and 2014, compared with the world average of 2 percent.

In the same period, China was the stimulant behind 30 percent of global economic growth. In 2015, China was still one of the largest and fastest-growing economies, with a growth rate of 6.9 percent, and it contributed 25 percent to global economic growth.

Second, China's real economy in the long term has not been harmed by the stock market turmoil that began in August. The fluctuations in the still developing stock market "shouldn't be taken as reflective of general sentiment about the Chinese economy or its overall performance," he wrote.

Third, Cui rejected implications by news outlets that the Chinese government has intentionally devalued the Chinese currency, the yuan, to boost exports.

"This claim is false," Cui said. "While the economic slowdown has contributed, China's currency depreciation is mainly the result of an exchange rate reform launched last year to follow international standards and to establish a more flexible system linked to a basket of currencies, thus letting markets play the decisive role."

Cui said that the reform has worked.

"Recently, the yuan has appreciated significantly against both the US dollar and the basket of currencies, showing its value can rise and fall," he wrote.

Fourth, downward pressure on oil prices is largely attributable to competition for global market share between traditional oil suppliers and new shale oil producers, while the lifting of sanctions against Iranian oil exports has also contributed to lower oil prices.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 黄色av一区 | 欧美视频不卡 | h在线视频 | 国产视频一二三 | 亚洲区av | 欧美性aaa | 香蕉视频在线免费看 | 亚洲激情四射 | 绯色av | 日日嗷 | 久草福利在线视频 | 男人午夜影院 | 欧美一区二区激情视频 | 日本黄色不卡视频 | 亚洲欧美日本国产 | 九九热在线精品 | 国产精品久久久久国产a级 在线毛片观看 | 亚洲男人的天堂在线 | 亚洲午夜精品久久久久久高潮 | 日韩欧美一区二区三区久久婷婷 | 久草视频手机在线 | 国产毛片av| 亚洲天堂第一区 | 天海翼在线视频 | 日韩精品福利在线 | 亚洲精品福利视频 | 亚洲综合婷婷 | 国产午夜精品一区二区三区四区 | 中文字幕一区三区 | 手机在线精品视频 | 成人精品自拍 | 91成人观看 | 99精品欧美一区二区三区综合在线 | 中文字幕在线观看一区二区三区 | 久久爱影视i| 亚洲性激情 | 欧美激情一区二区三级高清视频 | 国产伦精品一区二区三区四区视频 | 日韩在线视频二区 | 久久成人免费视频 | 黄色三级在线视频 |