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

   

Minister: China to be 'more proactive' on yuan
(Bloomberg)
Updated: 2006-09-08 17:28

China, responding to criticism from the US and Europe that the yuan is artificially weak, said it will be "more proactive and progressive" in letting the market set the currency's value.

"We have given the market a more important role in deciding the exchange-rate level and the market is playing a more important role already," Finance Minister Jin Renqing said at the end of a two-day meeting of 21 Asia-Pacific finance ministers in the Vietnamese capital of Hanoi, attended by US Treasury Secretary Henry Paulson.

The yuan this week reached its strongest against the dollar since China ended its peg to the US currency in July 2005, after the central bank on Aug 9 said it would use exchange-rate policy to help cool export-led economic growth. Paulson said after the meeting that a more flexible yuan would help cut global trade imbalances.

"We could actually see a faster appreciation of the yuan over the next few months" as China seeks to slow the economy, said Hans Goetti, managing director in Singapore at Citigroup Private Bank, which oversees about US$1.5 billion in Asia." At the end of the day, China will decide, based on their domestic agenda, how fast they will move."

He said Jin's statement didn't suggest a change in the government's policy because it emphasized a gradual strengthening.

China will "approach the reform in a more proactive and progressive way," Jin told reporters. "This is a progressive process."

Last year, the US trade deficit reached a record US$716.7 billion, or 5.8 percent of US gross domestic product. China's 2005 trade surplus reached a record US$102 billion, helping fuel an economy that grew 11.3 percent in the second quarter.

China Expert

Paulson, under pressure to push China to allow the yuan to appreciate, was on his first visit to Asia since he took office two months ago.

The former Goldman Sachs Group Inc. chief executive officer has a reputation for expertise in dealing with China, based on his 70 or so visits there before President George W. Bush chose him to succeed John Snow.

"The US believes that currency flexibility is very important," Paulson told reporters today in answer to a question about China's currency. "In terms of global imbalances, currency flexibility is one part of it."

The yuan has gained 2 percent against the dollar since the People's Bank of China ended the currency's peg to the dollar on July 21, 2005. The currency declined 0.14 percent to 7.9518 against the dollar as of 2:29 pm in Shanghai, according to data Bloomberg compiled.

Global Imbalances

China's officials including Tang Xu, a research director at the People's Bank of China, have said China needs a stronger currency to stall inflation. The yuan is a denomination of the renminbi, China's currency.

"I welcome the move by the Chinese authorities to ensure further flexibility in the renminbi," Australian Treasurer Peter Costello told reporters in Hanoi. "As China further develops, there will be a capacity to sequence reforms and introduce further flexibility."


12  

 
 

主站蜘蛛池模板: 亚洲精品视 | 国内精品伊人久久 | 在线成人天天鲁夜啪视频 | 国产亚洲精品久久久久91网站 | 午夜免费69性视频爽爽爽 | 欧洲成人在线视频 | 成年人视频网站免费 | 成人观看视频又黄又免费 | 日韩特级毛片免费观看视频 | 真实国产精品视频国产网 | 成人免费一级在线播放 | 国产视频一二三 | 一级毛片免费完整视频 | 香蕉视频在线观看黄 | 亚洲欧美日韩综合在线一区二区三区 | 欧美最刺激好看的一级毛片 | 亚洲欧美日韩一级特黄在线 | 亚洲成a人片在线看 | 美国一级片在线 | 97视频免费公开成人福利 | 女人张开腿让男人桶视频 | 一级一毛片a级毛片欧美 | 手机国产精品一区二区 | 精品国产a | 激情性爽三级成人 | 亚洲精品人成网线在线 | 亚洲最黄视频 | 一级做a爱片特黄在线观看免费看 | 国产成人精品高清免费 | 免费一级欧美片在线观看 | 久久y| 在线观看91精品国产入口 | 99久久精品国产一区二区三区 | 欧美成人性做爰网站免费 | 激情欧美一区二区三区 | 国产手机国产手机在线 | 欧美成人高清视频 | 精品日韩在线视频一区二区三区 | 亚洲第一中文字幕 | 亚洲视频在线观看网址 | 成人自拍视频 |