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

US EUROPE AFRICA ASIA 中文
Business / Economy

US warns China over currency depreciation

(Agencies) Updated: 2014-04-08 14:57

US warns China over currency depreciation

100 Yuan notes are seen in this illustration picture in Beijing November 5, 2013. [Photo/Agencies]

The United States warned Beijing on Monday that the recent depreciation of the Chinese currency could raise "serious concerns" if it signaled a policy shift away from allowing market-determined exchange rates.

Washington has been pressing China for years to allow its currency to trade at stronger values. A weak yuan makes Chinese exports cheaper for US consumers at the expense of US producers. A weaker yuan also makes Chinese consumers less able to buy foreign goods.

Last month, US Treasury Secretary Jack Lew welcomed a decision by China to allow its currency to vary more against the dollar in daily trading.

Monday's comments by a senior official from the Treasury Department suggested the United States was not completely sold on China's intention to reduce authorities' interventions in exchange markets.

"If the recent currency weakness signals a change in China's policy away from allowing adjustment and moving toward a market-determined exchange rate, that would raise serious concerns," the official, who asked not to be named, told journalists in a phone call.

In comments that outlined US positions before meetings later this week of the International Monetary Fund and between Group of 20 nations, the official noted the widening of China's currency trading band came just after a drop in the yuan's value that coincided with reports of "considerable intervention" in exchange markets by Chinese authorities. That is exactly the sort of behavior Washington wants Beijing to ditch.

The United States also appears likely to pressure Europe at the meetings to act more decisively to fix its troubled banking sector.

The Treasury official said recent economic data from Europe showed the region was experiencing "chronic low inflation and weak demand." That appeared to be a nod to growing concerns that Europe's economy is so weak it risks falling into a dangerous spiral of falling prices and wages known as deflation.

"More needs to be done to support growth," the Treasury official said.

The official had blunt words for other economic powers as well, saying that Japan should avoid engaging in too much fiscal austerity.

He said US sanctions on Russian officials were already having an impact on Russia's economy. The official also chided emerging markets for going too slowly in adopting free-floating currencies.

"Resistance in many emerging markets to moving more quickly to market-determined exchange rate regimes is hindering the rebalancing needed to ensure a lasting, strong global recovery," the official said.

US warns China over currency depreciation
Yuan eases on widened trading band

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 午夜不卡视频 | 黄色美女网站免费看 | 久久精品中文字幕首页 | 久草青青视频 | 欧美做暖小视频xo免费 | 99在线视频精品 | 欧美视频一 | 久久aaa| 免费a级毛片大学生免费观看 | 亚洲精品专区一区二区欧美 | 久草视频资源在线 | 1级黄色毛片 | 国产欧美一区视频在线观看 | 精品国产成a人在线观看 | 欧美一级毛片免费高清的 | 狼人 成人 综合 亚洲 | 国产伦一区二区三区四区久久 | 中文字幕成人免费高清在线 | 久草资源在线 | 自怕偷自怕亚洲精品 | 国产真实乱子伦精品 | 国产伦理久久精品久久久久 | 国产禁女女网站免费看 | 亚州一级毛片在线 | 久99re视频9在线观看 | 国产成人午夜精品免费视频 | 免费视频精品一区二区三区 | 精品视频一区二区 | 美女精品永久福利在线 | 亚洲欧洲无码一区二区三区 | 欧美一级专区免费大片 | 国产v综合v亚洲欧美大另类 | 国产一区日韩二区欧美三 | 国产三级全黄 | 久久久久久久久网站 | 91福利精品老师国产自产在线 | 在线亚洲综合 | 亚洲第一在线播放 | 免费公开视频人人人人人人人 | 国产午夜免费视频 | 欧美深夜在线 |