www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

Top Biz News

China calls on Washington to cool yuan pressure

(Agencies)
Updated: 2010-03-19 17:13
Large Medium Small

China stepped up resistance Friday to US pressure over currency, calling on Washington to cool its "politicization and emotionalization" of the issue and warning a further rise in its yuan could drive exporters out of business.

Beijing is trying to head off pressure from US lawmakers for President Barack Obama to have China declared a currency manipulator in a Treasury Department report due out next month, which could set the stage for possible trade sanctions.

"A lot of problems can be properly solved so long as we can avoid politicization and emotionalization," a Commerce Ministry official, He Ning, told reporters. "It should not be one side pressing the other side."

He warned that dialogue with Washington over the issue might be harmed by "external disturbances" such as this week's letter from 130 American lawmakers calling on Obama to take action against Beijing.

Premier Wen Jiabao on Sunday rejected Washington's contention that the yuan is undervalued and other officials have dismissed complaints that exchange-rate controls are the cause of China's multibillion-dollar trade surplus.

Washington and other trading partners say China's controls give its exporters an unfair price advantage. Wen promised currency reforms but said the yuan will be kept at a "stable and balanced" level.

A senior trade official added a human dimension to Beijing's appeal in comments published Friday, warning that a rise in the yuan could wipe out profits for exporters, possibly leading to job losses.

Vice Commerce Minister Zhong Shan said the profit margin on many Chinese exports was less than 2 percent and a rise in China's yuan after 2005 forced many companies to close, The Wall Street Journal reported. It said Zhong made the comments in an interview Thursday ahead of a visit to the United States.

Zhong compared the precarious situation of Chinese exporters to water that is about to boil, the Journal said.

"Water doesn't boil if it is heated to 99 degree Celsius (210 degrees F). But it will boil if it is heated by one more degree," he said. Likewise, "a further rise in the yuan by a very small magnitude might cause fundamental changes" to exporters in China.

A Commerce Ministry spokesman said this week criticism over currency would not help efforts to end the global crisis.

Related readings:
China calls on Washington to cool yuan pressure Pressing China on the yuan won't work
China calls on Washington to cool yuan pressure Yuan solution 'will be found'
China calls on Washington to cool yuan pressure Pressing on yuan to hurt US economy: US media
China calls on Washington to cool yuan pressure China may conduct yuan stress test: report

Obama vowed last month to "get much tougher" with China in trade disputes and to press for an end to currency systems that he said depressed export prices.

Analysts expect Beijing to allow the yuan to rise gradually later this year but say Chinese leaders might be reluctant to take action if they might be seen as giving in to US pressure.

China's central bank governor, Zhou Xiaochuan, said this month that the currency measures would be withdrawn "sooner or later" but said Beijing will act cautiously because the global outlook is still uncertain.

 

 

主站蜘蛛池模板: 找国产毛片 | aa级毛片 | 一级真人毛片 | 久艹视频在线 | 一级毛片一级毛片一级毛片 | 亚洲日本视频在线观看 | 欧美一级看片a免费观看 | 天天欲色成人综合网站 | 91九色精品国产免费 | 男人天堂1024| 三级午夜三级三点在看 | 在线看片不卡 | 亚洲欧美网 | 国内自拍视频一区二区三区 | 一级欧美过瘾大片 | 亚洲自拍偷拍图 | 国产三a级日本三级日产三级 | 国产精品久久久久久影院 | 亚洲国产高清在线精品一区 | 国产永久免费视频m3u8 | 精品日韩欧美一区二区三区在线播放 | 亚洲福利国产精品17p | 日本一级级特黄特色大片 | 国产va精品网站精品网站精品 | 99国产福利视频在线观看 | 欧美激情精品久久久久 | 三级毛片免费看 | 在线a亚洲视频播放在线观看 | 成人看的一级毛片 | 亚洲国产二区三区久久 | 亚洲欧美日韩中文字幕在线一 | 国产成人网| 亚洲成人一区二区 | 花蝴蝶在线| 一级片视频免费看 | 九九大香尹人视频免费 | 欧美日韩视频一区二区三区 | 在线男人的天堂 | 在线观看国产一级强片 | a毛片在线还看免费网站 | 亚州免费一级毛片 |