男女羞羞视频在线观看,国产精品黄色免费,麻豆91在线视频,美女被羞羞免费软件下载,国产的一级片,亚洲熟色妇,天天操夜夜摸,一区二区三区在线电影
   

Paulson: China committed to yuan reform

(AP/China Daily)
Updated: 2007-08-02 14:03

But critics have focused on the yuan, accusing China of keeping it undervalued by up to 40 percent. They say that gives Chinese exporters an unfair price advantage and widens its yawning trade gap.

Chinese leaders say they plan eventually to let the yuan trade freely on world markets. But they say acting too abruptly will hurt China's frail banks and cause financial turmoil.

China revalued the yuan by 2.1 percent against the dollar in July 2005 and has allowed it to rise by about 7.2 percent since then. The rate of increase has speeded up in recent months, but analysts expect Beijing to restrain the yuan's rise to about 5 percent annually over the next few years -- far less than critics want.

Related readings:
 US Treasury opposes currency bill
 Paulson arrives for trade talks with China
 US's allegations of subsidies are groundless
 Economist forsees US launching trade sanctions against China

 1st-half surplus to top $100b

The Senate is considering two bills aimed at pressuring China to overhaul its currency system.

Paulson rejected such measures, saying they would harm Washington's efforts to encourage Beijing to reform.

"Legislation would be counterproductive and would undermine what we're trying to do here," Paulson said.

Paulson has pleaded with Congress for time to let the dialogue work. But China's supercharged growth is fueling arguments that it can afford to move faster.

China's economy expanded 11.9 percent last quarter -- the fastest quarterly growth in 12 years -- and the trade surplus jumped by 85 percent in June to $26.9 billion.

Hu stresses value of Sino-US dialogue

President Hu Jintao reiterated the importance of maintaining stable and mutually beneficial Sino-US economic relations when meeting with Paulson.

He urged the two sides to make full use of the strategic economic dialogue (SED) to address issues of common concern.

Hu said the development of bilateral economic ties have not only brought tangible benefits to the people of both countries but have also been engines of global growth.

Paulson hailed the SED as helpful to enhance bilateral economic relationship; and said he will work with Wu to make the dialogue a forum to ease friction and resolve disputes.


(For more biz stories, please visit Industry Updates)

      1   2   3     


主站蜘蛛池模板: 阳朔县| 思南县| 霍山县| 长泰县| 福清市| 蒙阴县| 永康市| 精河县| 宁南县| 苏州市| 宁津县| 怀来县| 密山市| 青田县| 凭祥市| 鹤山市| 灵台县| 拉萨市| 阳江市| 梅河口市| 永嘉县| 克什克腾旗| 明光市| 富平县| 凤阳县| 子长县| 江源县| 宜宾县| 瑞丽市| 镇原县| 南开区| 河北省| 张家川| 青田县| 宁德市| 茌平县| 汶上县| 淮北市| 五原县| 揭阳市| 潮州市| 依安县| 海口市| 怀仁县| 青海省| 冷水江市| 龙陵县| 兰州市| 米泉市| 太仆寺旗| 边坝县| 伽师县| 西畴县| 阳东县| 昆山市| 广河县| 临沂市| 静乐县| 徐州市| 延川县| 麦盖提县| 调兵山市| 宜宾县| 南郑县| 汉阴县| 军事| 渭源县| 古蔺县| 汶上县| 襄垣县| 桑日县| 常山县| 礼泉县| 河曲县| 乃东县| 皋兰县| 兴安盟| 贵港市| 乐安县| 萝北县| 邵东县| 桐乡市|