在线国产一区二区_成人黄色片在线观看_国产成人免费_日韩精品免费在线视频_亚洲精品美女久久_欧美一级免费在线观看

US EUROPE AFRICA ASIA 中文
Business / Markets

US Treasury declines to name China as currency manipulator

(Xinhua) Updated: 2014-04-16 07:54

WASHINGTON - The US Treasury Department said on Tuesday that China cannot be ruled as a currency manipulator, but said the pace of RMB's appreciation has been insufficient.

"China's currency yuan, or renminbi (RMB) appreciated on a trade-weighted basis in 2013 but not as fast or by as much as is needed," the US Treasury said in the latest semi-annual Report to Congress on International Economic and Exchange Rate Policies.

Meanwhile, it noted "the recent widening of the trading band gives China the opportunity to reduce intervention and allow the market to play a greater role in determining the exchange rate."

US Treasury declines to name China as currency manipulator
US Treasury declines to name China as currency manipulator
According to the report, the?yuan appreciated by 2.9 percent against the US dollar in 2013, and China's current account surplus declined to 2.1 percent of gross domestic product (GDP) in 2013, down from 2.3 percent of GDP in 2012 and from a peak of over 10 percent in 2007.

The report also noted that China's leadership has expressed "a strong desire" for exchange rate reform, and the Third Plenum decision document underlines the goal to "perfect the market-based renminbi exchange rate formation mechanism."

However, the US Treasury voiced concerns over recent volatility of renminbi value, saying "the yuan's recent depreciation underlines the importance of a significant increase in the transparency of China's actions in the foreign exchange market."

The Treasury said it will continue to carefully monitor China's exchange rate regime and the path of China's currency and will press for further policy changes.

Yi Gang, deputy governor of the People's Bank of China, said last week in Washington that the recent depreciation in the value of Chinese currency is within "normal" range and China is still on track toward a more market-oriented exchange rate regime.

He said he expected yuan's flexibility to increase in the future with two-way fluctuation instead of one way appreciation.

"I believe that, as time passes by, people will see clearly and better that the entire exchange rate regime mechanism in China is moving toward a market-oriented way," he added.

The US Omnibus Trade and Competitiveness Act of 1988 requires the Treasury to provide reports on whether its major trading partners manipulate the rate of exchange between their currency and the US dollar for purposes of preventing effective balance of payments adjustments or gaining unfair competitive advantage in international trade.

In previous such reports from the Obama administration, the US government did not label China as a "currency manipulator".

US Treasury declines to name China as currency manipulator

Private lenders will test waters of financial reform

US Treasury declines to name China as currency manipulator

China to open interest rate in one or two years

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 国产九九精品 | 日韩精品视频免费在线观看 | 国产1级片 | 999在线视频 | 精品福利在线观看 | 欧美级毛片 | 一区视频 | 中文字幕在线观看一区二区三区 | 日日摸天天添天天添破 | 国产三级一区 | 日本男人天堂 | 国产一区二区网站 | 午夜大片| 成人在线一区二区 | 成人三级在线 | 国产va在线观看 | www.huangse| 久久久二区| 中文字幕在线视频观看 | 日本美女黄色 | 亚洲激情偷拍 | 亚洲精品一区二区三区蜜桃久 | 午夜性福利 | 九九天堂 | 97在线免费观看 | 久久精品在线观看 | 亚洲图片一区二区 | 99久久99| 大尺度做爰呻吟舌吻网站 | 97精品国产97久久久久久免费 | 免费a网站 | 欧美日韩一区二区三区 | 伊人国产女 | 中文字幕免费观看视频 | 国产午夜精品久久 | 亚洲综合精品 | 91免费黄| 成人蜜桃视频 | 亚洲一区二区av | 三级视频网 | 欧美专区第一页 |