日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

   

BIZCHINA / Top Biz News

US welcomes rise in China currency
(AP)
Updated: 2006-05-16 06:18

The United States, which has been coping with a record-high trade deficit with China, welcomed the rise in that country's currency, called the yuan or the renminbi.


A clerk at an foreign currency exchange desk at a hotel shows Chinese yuan banknotes in Shanghai, China, in this July 22, 2005 file photo. China's official exchange rate rose Monday, May 14, 2006 to 7.9982 yuan per US dollar, its highest level since a revaluation in July, the government said. [AP]

"Greater flexibility in China's exchange rate is something we've long advocated," Treasury Department spokesman Tony Fratto said Monday in response to the appreciation in yuan.

China's official exchange rate broke through the psychologically important 8 yuan per US dollar level Monday, its highest level in more than a decade. Traders were hopeful the move may signal Beijing's willingness to allow its currency to appreciate faster.

Any evidence of greater exchange-rate flexibility "is something we certainly welcome," Fratto said.

The Bush administration has been prodding Beijing to let its currency float more freely with market forces.

US manufacturers say China is keeping its currency artificially low, making Chinese goods cheaper in the United States and US-made goods more expensive in China.

American manufacturers say the current system has hurt exports from the US and contributed to the loss of US factory jobs.

Sen. Chuck Schumer, D-N.Y., called Monday's movement in the yuan "good news but only if it portends further movement."

Bowing to pressure, China announced last July that it would stop linking the yuan to the dollar. Although the United States applauded the move at that time, it has repeatedly said China needs to do more to revamp its currency practices.

Last week the Treasury Department in a report to Congress complained that China is moving too slowly to revamp its currency system. However, the administration declined to brand the country a currency manipulator — a decision that irked manufacturers, labor unions and other critics.

If the administration had made a finding that China was manipulating its currency to gain an unfair trade advantage, that would have triggered talks between the two countries. China also might have faced trade sanctions.


(For more biz stories, please visit Industry Updates)

 
 

主站蜘蛛池模板: 亚洲精品9999 | 99精品国产一区二区 | 成人免费毛片片v | 激情xxxx| 欧美亚洲91| 亚洲欧美国产精品专区久久 | www在线播放 | 亚洲欧美国产精品专区久久 | 四虎免费看黄 | 98国产在线 | 欧美精品第一页 | 国产激情综合 | 国产精品久久久久久免费播放 | 亚洲v在线观看 | 精品视频一区二区三区四区 | 午夜爆操 | av黄色小说| 麻豆精品一区二区三区 | 国产黄色免费大片 | 色人人 | 99视频在线| 免费一区 | 色婷婷色 | 日韩免费精品 | 国产永久| 欧美一区二区三区四区五区 | 四虎影院www | 爱爱视频在线看 | 日韩欧美黄色 | 成人免费看片98欧美 | 18av在线视频| 国产精品福利在线播放 | 女人的天堂av在线 | 国产精品四虎 | 久久精品香蕉 | 成人黄色小视频在线观看 | 国产成人三级一区二区在线观看一 | av男人天堂网 | 超碰夫妻 | 国产原创麻豆 | 欧美成人天堂 |