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

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: 深夜视频在线播放 | 国产免费美女视频 | 国产一区自拍视频 | 欧美激情视频在线 | 牛人盗摄一区二区三区视频 | 欧美青青| 岛国精品在线观看 | 五月婷婷在线视频 | 午夜成人免费视频 | 成人久久久精品国产乱码一区二区 | 国产做受视频 | 在线免费观看av网址 | 国产一区二区视频在线观看免费 | 欧美一级片免费在线观看 | 日韩一区二区三区四区 | 久久高清 | 第一页国产 | 丁香在线 | 日本在线观看www | 免费精品在线 | 欧美黄色录像视频 | 亚洲无打码| 国产精品成人免费精品自在线观看 | 亚洲欧洲精品视频 | 久久免费视频播放 | 亚洲一区二区中文 | 日韩在线视频免费 | 国产调教视频在线观看 | www中文字幕 | 国产三级福利 | 亚洲久草视频 | 黄色在线视频网站 | 福利精品 | a√天堂网 | 福利在线免费观看 | 中文字幕久久精品 | 爱射综合| 久在线视频 | 国产精品伊人久久 | 男人操女人的视频网站 | 香蕉视频久久 |