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 / Markets

US Treasury declines to name China as currency manipulator

(Xinhua) Updated: 2015-04-10 14:47

WASHINGTON - The US Treasury Department said on Thursday that China cannot be ruled as a currency manipulator, but highlighted the need for sustained progress toward a market-driven exchange rate.

China has made real progress in its market-determined exchange rate system, said the Treasury in its Semi-Annual Report to Congress on International Economic and Exchange Rate Policies.

China's current account surplus fell significantly from 10 percent of the GDP in 2007 to 2.1 percent in 2014 and the real effective exchange rate appreciated by more than 10 percent in the past six months, the fastest pace since 2009, the Treasury said.

China's reduced level of intervention in the foreign exchange market, consistent with the commitment of Chinese government at the US-China Strategic and Economic Dialogue (S&ED), the Treasury added.

It noted that, although the Chinese currency faced short-term downward pressures against the dollar, such as the country's central bank's moves to cut interest rates and the capital outflows under the capital account in the end of 2014, the fundamental factors for renminbi appreciation remain intact, and the need for China to further strengthen the currency over the medium term still exists.

According to the Treasury, the lower oil prices have benefited China in terms of trade gains, which led to and will continue to contribute to a rising current account surplus.

China continues to see relatively higher productivity growth than its major trading partners and the appreciation of the renminbi is in line with China's efforts to rebalance the economy toward household consumption, said the US Treasury.

China will accelerate reform and opening up of its capital market in 2015, aiming to make the Chinese yuan convertible on the capital account, China's central bank governor Zhou Xiaochuan said in late March in Beijing.

The US Treasury also said that it looks forward to progress on China's plan to subscribe to the International Monetary Fund's Special Data Dissemination Standard (SDDS) for economic and financial data, including foreign exchange reserve disclosure.

Chinese President Xi Jinping announced last November that China had decided to switch to the IMF's SDDS, a more transparent data disclosure standard.

The US Omnibus Trade and Competitiveness Act of 1988 requires the Treasury to provide reports on whether its major trading partners manipulate the rate of exchange between their currency and the United States dollar for purposes of preventing effective balance of payments adjustments or gaining unfair competitive advantage in international trade.

In previous such reports from the Obama administration, the US government did not label China as a "currency manipulator."

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 亚洲毛茸茸 | 国产福利免费 | 超碰爱爱 | 国产精品一区久久久 | 免费久久精品 | 激情丁香六月 | 九九热视频免费观看 | av在线官网 | 在线观看视频福利 | 2018天天弄 | 欧美性一区二区三区 | 高清久久| 天堂在线一区二区 | 日韩中出| 日韩国产中文字幕 | 超碰在线一区 | 97色综合| 欧美人与交 | 欧美日韩1 | 国产精品精品国产 | 亚洲美女久久久 | 97在线视频免费观看 | 午夜精品在线视频 | 69xx免费视频| 国产在线网 | 国产精品自拍区 | 国产精品久久久久一区二区三区 | 国内精品一区二区 | 亚洲精品无| 三级视频在线看 | 国产第一页浮力 | 日韩中文字幕在线视频 | 中文字幕在线观看视频网站 | 精品一区av | 丁香综合五月 | 亚洲欧美一区二区三区四区 | 91插插插插 | 先锋影音色 | 日韩亚洲一区二区 | 日本精品视频一区二区 | 亚洲国产成人在线视频 |