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

Cautious approach can eliminate currency risks

By Jiang Xueqing (China Daily) Updated: 2015-06-23 08:26

A leading finance expert has warned China about the risks of turning the yuan into a global currency while pursuing the Belt and Road Initiative.

Song Min, a respected finance professor and director of the Center for China Financial Research at the University of Hong Kong, told China Daily at the week-end of the pitfalls associated with the policy.

"It is fine to take the Belt and Road Initiative as a grand, long-term strategy, but we should be cautious and guard against impetuosity," Song said on the sidelines of China Wealth Forum in Qingdao, Shandong province.

The Silk Road Economic Belt and the 21st Century Maritime Silk Road initiatives were proposed by President Xi Jinping during a visit to Kazakhstan in 2013.

Song recommended a cautious approach for the globalization of yuan. "China should find out which countries are worth investing in, rather than promoting the globalization of yuan for the sake of it," he said.

Song pointed out that the Belt and Road Initiative was very complex, involving politics, economics, history, culture and religion. He said China cannot simply copy its domestic policy when doing business in more than 60 other countries.

"Infrastructure construction is one of China's strengths, but the experience it acquired in this field is based on its national system." Song said. "In China, land is State-owned, local governments are very powerful, and the financial system is controlled by the State.

"Under this model, we achieved huge success in building infrastructure, such as high-speed railways. But it doesn't mean this model will also succeed in other countries."

Song called for "multi-country cooperation" to implement the initiative, and extensive dialogue with the countries along the Belt and Road Initiative routes.

"We should adopt the model of multi-country cooperation and the Asian Infrastructure Investment Bank is a good example," Song said.

"With other countries joining the Belt and Road Initiative, the process of investment will slow down because the relevant countries will not start a project unless they reach a consensus.

"Adopting this kind of diversified model will prevent us from making rash investment decisions for political reasons," he added.

Song also advised the government to open the Silk Road Fund to other countries and private companies.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 九九久久精品 | 免费精品国产日韩热久久 | 国产在线观看高清不卡 | 男人的天堂在线观看免费 | 亚洲精品国产精品精 | www日本高清 | 亚洲精品一区二区三区中文字幕 | 欧美一级毛片美99毛片 | 精品欧美一区二区在线观看欧美熟 | 国产精品porn| 亚洲视频精选 | 亚洲成人自拍 | 在线观看一区 | 一区二区三区免费视频网站 | 国产欧美精品午夜在线播放 | 国产亚洲精 | 日韩 欧美 国产 师生 制服 | 久草视频中文在线 | 欧美视频一区二区 | 中文字幕一区在线 | 亚洲精品久久一区影院 | 日韩美女专区中文字幕 | 中文字幕日韩精品亚洲七区 | 亚洲另类视频在线观看 | 精品久久久久久久高清 | 日本黄页网站在线观看 | 在线不卡一区二区 | 131的美女午夜爱爱爽爽视频 | 男操女b | 深夜国产成人福利在线观看女同 | 国产一区二区三区在线视频 | 亚洲欧美日韩在线不卡中文 | 91精品久久久久久久久网影视 | 欧美videosex性欧美成人 | 成年女人免费又黄又爽视频 | 日本视频在线免费观看 | 美国毛片一级视频在线aa | 男女免费观看在线爽爽爽视频 | 国产精品黄在线观看观看 | 欧美日韩一区二区三区视频在线观看 | 一区二区中文字幕在线观看 |