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: 亚洲视频男人的天堂 | 成年免费a级毛片 | 草草草在线观看 | 成人手机在线视频 | 成年人三级黄色片 | 成人午夜视频在线播放 | 国产成人a视频在线观看 | 欧美成人视屏 | 日本专区| 国产精品成久久久久三级 | 欧美一级毛片日本 | 一 级 黄 色 片生活片 | 一级片免费在线播放 | 亚洲国产精品久久久久久网站 | 亚洲国产日韩综合久久精品 | 亚洲精品日韩一区二区 | 欧美白人和黑人xxxx猛交视频 | 欧美色欧| 成人午夜影院 | 日韩三级视频在线观看 | 亚洲m男在线中文字幕 | 欧美一级毛片免费大片 | 日韩欧美一区二区在线观看 | 真人一级毛片免费观看视频 | 麻豆国产96在线 | 中国 | 成人毛片国产a | 日韩免费看片 | 欧美成人精品不卡视频在线观看 | 综合精品 | 日韩欧美一区二区三区在线观看 | 亚洲视频男人的天堂 | 手机福利在线 | 亚洲日本一区二区三区 | 国产精品亚洲综合天堂夜夜 | 欧美日韩一级二级三级 | 小屁孩cao大人免费网站 | 亚洲美女色成人综合 | 国产午夜三区视频在线 | 国内精品久久国产大陆 | 欧美成人高清手机在线视频 | 亚洲欧美日韩在线观看二区 |