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 'won't bow' to yuan pressure

By Xin Zhiming (China Daily)
Updated: 2007-08-04 09:14

China has been steadily increasing the flexibility of the yuan, but it will not bow to outside pressure for faster revaluation, Minister of Finance, Jin Renqing, said.

"The biggest challenge for China is to maintain the sound momentum in its economic growth," Jin told reporters during the Asia Pacific Economic Cooperation finance ministers meeting in Coolum, Australia. "China's currency reform should be self-initiated, controllable and gradual," he said.

Related readings:

 Paulson: China committed to yuan reform

 Yuan steady despite pressure

 Yuan needs another revaluation - economist

 Yuan role in China-US trade gap limited - economist


The two-day meeting, which concluded on Friday, has called for a more flexible currency regime globally to reduce the global economic imbalance.

Japan has been in the spotlight as the yen has pushed the Korean won to a decade high and the New Zealand dollar to a 22-year high. It has dampened exports of both countries.

China has also been pressured by the United States in recent days to pick up the pace of its yuan revaluation.

The US Senate Banking Committee and Senate Finance Committee have passed legislation respectively to increase pressure on Washington to force Beijing to toe the line.

But economists agree that the yuan's revaluation will not be sufficient to lift the US out of its economic woes.

The US trade deficit as well as that of some other developed countries have arisen, fundamentally, from their incomplete and poor industrial structures, Liu Xiahui, an economist with the Chinese Academy of Social Sciences, said.

"The US has developed to a stage where it does not manufacture much of the traded goods," he said. "They must be imported from countries with lower production costs and higher competitiveness."

The increased value of a currency will not do in the future, Liu said, noting that even the Japanese yen has been revalued drastically, but the country continues to enjoy huge trade surpluses.

Many economists agree that a freely floated currency will have little adverse impact on an advanced market with good management expertise, but it may deal a fatal blow to the developing markets, Liu said.

A hasty reform pace will jeopardize China's economy, economists said.

(China Daily 08/04/2007 page2)


(For more biz stories, please visit Industry Updates)



主站蜘蛛池模板: 欧美一区二区三区四区五区 | 国产欧美日韩视频 | 亚洲天堂av中文字幕 | 亚洲欧洲精品视频 | 三级黄网站 | 中文字幕视频在线 | av综合在线观看 | 久久久久久免费视频 | 在线视频成人 | 日韩白浆 | 午夜日韩精品 | 在线一区观看 | 国产免费一区二区三区最新6 | 中国第一毛片 | 欧美福利小视频 | 秋霞欧美网 | 我我色综合 | 久久久久国产 | 日韩成人区| 国产精品视频一区在线观看 | 亚洲永久在线观看 | 偷拍超碰 | 欧美成人天堂 | 爱看av在线 | 日韩成人综合 | 亚洲欧美视频在线播放 | 成人av动漫在线观看 | 亚洲午夜小视频 | 天堂资源中文在线 | 久久午夜国产 | 欧美日韩成人在线视频 | 波多野结衣在线观看一区二区三区 | 欧美黄色免费视频 | 亚洲成av人片在线观看无 | 亚洲一区二区三区成人 | 超碰在线97观看 | 久久久久a | 黄色欧美大片 | 国产a毛片 | 国产一二三区在线 | 黄页在线播放 |