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

China's fresh monetary moves to benefit its economy: Argentine experts

(Xinhua) Updated: 2015-08-26 15:23

BUENOS AIRES - Argentine media Tuesday focused on China's recent exchange rate adjustment and cuts in reserve requirement ratio and interest rates, saying that those measures would help China tackle complex domestic and global economic changes.

In an editorial published in the daily La Nacion, Raul Ochoa, a professor at the University of Buenos Aires, said the move to adjust the exchange rate was motivated by the "determined attitude to transform the yuan as soon as possible into a currency of global reach."

"To do that it was, and is, essential to gradually open up the movement of capitals ... and slowly loosen controls on the exchange market to achieve a new level of equilibrium," Ochoa said.

The measures being put in place by China, he explained, include bringing the yuan's onshore and offshore exchange rates closer together until a single rate is in effect in both the Chinese mainland and Hong Kong; and reaching an accord with the International Monetary Fund (IMF) to include the yuan in the so-called Special Drawing Rights (SDR), a basket of world's major currencies (US dollar, euro, British pound, Japanese yen) that serve as supplementary foreign exchange reserves.

"The fast pace of these decisions has to do with speeding up China's transformation into a global player -- not the 'world's factory' anymore -- and making progress toward new frontiers in technology, knowledge and management," Ochoa said.

China's internal transition to a consumer-driven economy "is turning out to be very complicated and requires that (the country) amply position itself on the global stage in order to sustain it," the expert said.

The editorial coincided with an announcement Tuesday from the People's Bank of China (PBOC), the country's central bank, that it was cutting the reserve requirement ratio (RRR, required level of cash reserves at banks) and key interest rates "to promote restructuring" and "stabilize the real economy."

On Sept 6, the RRR for financial institutions will be cut by 50 basis points. From Wednesday, interest rates for one-year lending and deposits will be cut by 25 basis points to 4.6 percent and 1.75 percent respectively.

This marks the fourth time in nearly seven months the bank has cut the RRR, and the fifth time it has cut interest rates in almost nine months.

China needs more flexible monetary policies to tackle complex internal economic changes and an external global economy that is contracting, the central bank said.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 日韩1区2区| 色偷偷综合网 | 亚色视频在线观看 | 999这里只有精品 | 丰满少妇高潮一区二区 | 国产精品一二三四五区 | 青青艹在线视频 | 日本在线一级 | 在线免费中文字幕 | 久草网在线观看 | 伊人黄色片 | 国产麻豆精品在线观看 | 婷婷6月天 | 99久久久久久久久 | 正在播放国产精品 | 久久影院午夜 | 欧美一级爆毛片 | 国产精品麻豆免费版 | 韩国演艺圈悲惨事件在线 | 亚洲色图自拍 | 欧美xxxx黑人xyx性爽 | 午夜在线播放视频 | 欧美在线激情视频 | 亚洲精品久久久蜜桃 | 欧美日韩一区二区三区 | 国产一区二区三区免费在线观看 | av在线官网 | 97久久精品人人澡人人爽 | 亚洲男人的天堂在线 | 亚洲黄色在线观看 | 成人在线免费观看网址 | 久久综合久久久 | 国产伦精品一区二区三区视频网站 | 欧美日韩国产中文 | 国产三级福利 | 玖玖玖视频 | av福利网址 | v片在线免费观看 | 中文字幕日本 | 欧美猛男孕妇 | 成人av片在线观看 |