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

   

Paulson: China committed to yuan reform

(AP/China Daily)
Updated: 2007-08-02 14:03

But critics have focused on the yuan, accusing China of keeping it undervalued by up to 40 percent. They say that gives Chinese exporters an unfair price advantage and widens its yawning trade gap.

Chinese leaders say they plan eventually to let the yuan trade freely on world markets. But they say acting too abruptly will hurt China's frail banks and cause financial turmoil.

China revalued the yuan by 2.1 percent against the dollar in July 2005 and has allowed it to rise by about 7.2 percent since then. The rate of increase has speeded up in recent months, but analysts expect Beijing to restrain the yuan's rise to about 5 percent annually over the next few years -- far less than critics want.

Related readings:
 US Treasury opposes currency bill
 Paulson arrives for trade talks with China
 US's allegations of subsidies are groundless
 Economist forsees US launching trade sanctions against China

 1st-half surplus to top $100b

The Senate is considering two bills aimed at pressuring China to overhaul its currency system.

Paulson rejected such measures, saying they would harm Washington's efforts to encourage Beijing to reform.

"Legislation would be counterproductive and would undermine what we're trying to do here," Paulson said.

Paulson has pleaded with Congress for time to let the dialogue work. But China's supercharged growth is fueling arguments that it can afford to move faster.

China's economy expanded 11.9 percent last quarter -- the fastest quarterly growth in 12 years -- and the trade surplus jumped by 85 percent in June to $26.9 billion.

Hu stresses value of Sino-US dialogue

President Hu Jintao reiterated the importance of maintaining stable and mutually beneficial Sino-US economic relations when meeting with Paulson.

He urged the two sides to make full use of the strategic economic dialogue (SED) to address issues of common concern.

Hu said the development of bilateral economic ties have not only brought tangible benefits to the people of both countries but have also been engines of global growth.

Paulson hailed the SED as helpful to enhance bilateral economic relationship; and said he will work with Wu to make the dialogue a forum to ease friction and resolve disputes.


(For more biz stories, please visit Industry Updates)

      1   2   3     


主站蜘蛛池模板: 黄特一级姓交大片 | 伊人av一区 | 免费成人深夜在线观看 | av天天色| 午夜天堂av | 欧美日韩高清一区二区 | 亚洲高清视频在线播放 | 亚洲久久网 | 在线观看国产黄色 | 波多野结衣久久 | 午夜精品网 | 五月婷婷六月激情 | 日本欧美在线 | 一区二区精品国产 | 亚洲国产精品成人综合色在线婷婷 | 免费的黄色大片 | 艳母动漫在线观看 | 香蕉视频在线视频 | 黄色小视频在线 | 亚洲精品一区二 | 蜜桃视频色 | 国产美女永久免费无遮挡 | 亚洲第一成年人网站 | 国产精品111 | 日韩中文字幕有码 | 国产又粗又长又大 | 日韩高清一二三区 | 九色视频网 | 九九综合视频 | 一级特黄aaa大片 | 日韩欧美视频在线免费观看 | 欧美综合区| 欧美黑人性xxx猛交 欧美日韩在线播放视频 | 欧美视频中文字幕 | 日韩视频在线免费观看 | 欧美亚洲一区二区三区 | 男女国产视频 | 成人激情视频在线播放 | 五月综合在线 | 久久先锋 | 伊人超碰 |