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

   

CHINA / National

US: China not manipulating currency
(Agencies)
Updated: 2006-05-11 06:28

The Bush administration on Wednesday announced it would not brand China as a country that was manipulating its currency to gain unfair trade advantages.

Treasury's decision was certain to anger lawmakers who claim China is dragging its feet deliberately while flooding US markets with cheaply priced goods, but Treasury said Beijing was moving, albeit too slowly, on currency reforms.


Yuan notes at a branch of the China Minsheng Bank in Nanjing, April 28, 2006. The Treasury Department ruled on Wednesday that China was not a currency manipulator but pledged to 'actively and frankly' push Beijing toward faster exchange-rate flexibility that would let its yuan rise in value. [Reuters]

"Given our strong disappointment and the importance of China to the world economy, the Treasury Department will closely monitor China's progress in implementing its economic rebalancing strategy...and continue actively and frankly to press China to quicken the pace of renminbi flexibility."

The administration said in the latest currency report to Congress that it did not believe China technically met the definition in the law of a currency manipulator.

The report noted that China last July announced it was abandoning a fixed link of the yuan's value to the dollar, although since that time the yuan has risen in value by only about 3 percent.

"We are not satisfied with the progress made on China's exchange rate regime and we will monitor closely China's progress every step of the way," Treasury Secrectary Snow said.

The currency report, which the administration must present to Congress every six months, was delayed by a few weeks, until after Chinese President Hu Jintao and President Bush discussed the currency dispute during a White House meeting on April 20.

The administration had hoped that Hu would signal China would move faster to allow its currency to rise in value against the dollar, but no such announcement came out of the half-day summit.

A designation as a currency manipulator would trigger consultations between the two nations and could lead to trade sanctions if the United States won a case on the issue before the World Trade Organization.

The administration contends it can make more progress by lobbying China to make changes than by bringing a WTO case. It has been raising the issue with more intensity over the past three years.

 
 

Related Stories
 
主站蜘蛛池模板: 欧美日韩在线观看免费 | 亚洲色诱| 国产精品天堂 | 九色婷婷 | 色综合天天综合网天天狠天天 | 午夜8888| 婷婷狠狠 | 看av的网址| 青青草在线观看视频 | 丁香激情综合 | 日韩高清毛片 | 久久天天躁狠狠躁夜夜av | 国产精品123 | 久久免费视频观看 | jizz日本大全| 免费在线看黄视频 | 亚洲日本欧美 | 爆操少妇 | 成人黄色在线看 | www超碰| 欧美激情在线 | 亚洲在线视频观看 | 黄色a级片在线观看 | 成人免费毛片高清视频 | 一级黄色免费片 | 黄色在线观看免费视频 | 中文字幕――色哟哟 | 中文字幕精品在线播放 | 欧美一区久久 | 日韩免费黄色片 | 97av在线| 欧美日韩一区二区在线观看视频 | 中文字幕色哟哟 | 日本全黄裸体片 | 日韩久久免费 | 国产哺乳奶水91在线播放 | 国产麻豆一区二区 | 操操操操操操操操操操 | 六月婷婷激情 | 综合九九| 激情婷婷六月天 |