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

Chinese ambassador refutes claims against China amid global market fluctuation

(Xinhua) Updated: 2016-02-17 16:46

WASHINGTON - Chinese Ambassador to the United States Cui Tiankai on Tuesday rejected accusations against China for the current global market fluctuation, saying that China's contribution to the global economy remains strong and that it is playing "a pioneering role" in the structural reform that the world desperately needs.

In an opinion piece published on the Wall Street Journal, Cui said China, for no logical reason, is "often used as a scapegoat for the current global market fluctuation," which includes the slumping stocks, continued decline in oil prices and the volatility of the values of currencies in emerging markets since the start of the year.

Cui highlighted a few points to help people understand the reality behind the world-wide economic volatility.

First, China's economic growth remains strong and its contribution to the world economy remains impressive.

Cui said the growing middle class is now the driving force of consumption in China. According to the World Bank, the Chinese economy grew at an average annual rate of 8.7 percent between 2009 and 2014, compared with the world average of 2 percent.

In the same period, China was the stimulant behind 30 percent of global economic growth. In 2015, China was still one of the largest and fastest-growing economies, with a growth rate of 6.9 percent, and it contributed 25 percent to global economic growth.

Second, China's real economy in the long term has not been harmed by the stock market turmoil that began in August. The fluctuations in the still developing stock market "shouldn't be taken as reflective of general sentiment about the Chinese economy or its overall performance," he wrote.

Third, Cui rejected implications by news outlets that the Chinese government has intentionally devalued the Chinese currency, the yuan, to boost exports.

"This claim is false," Cui said. "While the economic slowdown has contributed, China's currency depreciation is mainly the result of an exchange rate reform launched last year to follow international standards and to establish a more flexible system linked to a basket of currencies, thus letting markets play the decisive role."

Cui said that the reform has worked.

"Recently, the yuan has appreciated significantly against both the US dollar and the basket of currencies, showing its value can rise and fall," he wrote.

Fourth, downward pressure on oil prices is largely attributable to competition for global market share between traditional oil suppliers and new shale oil producers, while the lifting of sanctions against Iranian oil exports has also contributed to lower oil prices.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 香蕉久久久久久狠狠色 | 中文字幕欧美在线观看 | 国产精品久久久久影院色 | 精品一区二区三区视频在线观看 | 国产三级精品久久三级国专区 | 欧美精品专区55页 | 国产伦精一区二区三区 | 亚洲天码中文字幕第一页 | 国产在线一区二区三区四区 | 久章草视频 | 欧美日韩精品一区二区三区 | www女人| 婷婷国产成人久久精品激情 | 成人精品第一区二区三区 | 亚洲成人在线视频播放 | 成人a视频片在线观看免费 成人a视频在线观看 | 中国黄色一级毛片 | 精品国产一级毛片 | 国产黄色一级毛片 | 国产自一区 | 久久福利青草精品资源站 | 亚洲一级毛片视频 | 国产真实生活伦对白 | 免费国产a理论片 | 又黄又爽视频好爽视频 | 成人综合婷婷国产精品久久免费 | 性午夜| 国产日本在线视频 | 伊人五月天婷婷琪琪综合 | 欧美69视频 | 国产亚洲三级 | 亚洲自偷 | 色多多香蕉 | 亚洲精品成人7777在线观看 | 黄 色 三 级 网站 | 久久爰www免费人成 久久曰视频 | 在线私拍国产福利精品 | 久久成人在线 | 日本一级毛片视频无遮挡免费 | 久久黄色免费网站 | 日本特黄特色高清免费视频 |