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

  Home>News Center>China
       
 

US calls for financial sector modernization
(chinadaily.com.cn)
Updated: 2005-10-18 11:03

After China affirmed commitment to enhance currency flexibility and gradually move towards a fully market regulated yuan regime, U.S. Treasury Secretary John Snow shifted his demands for immediate yuan revaluation to a broader call for Chinese financial modernization.

U.S. Treasury Secretary John Snow, left, shakes hands with Chinese Premier Wen Jiabao during their meeting in Beijing Monday, Oct. 17, 2005. [AP]
U.S. Treasury Secretary John Snow, left, shakes hands with Chinese Premier Wen Jiabao during their meeting in Beijing Monday, Oct. 17, 2005. [AP]

Snow’s loud call for China to reform its system of banking and investment is beneath an obvious belief to seek more opportunities for American businesses.

Snow’s new stance, according to a report of The New York Times, sounded bolder and more ambitious, a demand for China to clean up its state-owned banks, build a sophisticated market for trading currencies, and let Wall Street firms become full-fledged players in China.

Concluding the 17th Session of the China-US Joint Economic Committee in Beijing, China and the United States agreed that exchange rate policy was a sovereign decision, but can have a global impact.

Excess volatility and disorderly movements in exchange rates are undesirable for economic growth, the two countries officials reaffirmed in a joint statement.

For two years, Snow has pushed and prodded Chinese authorities to let its currency float more freely. On Monday in Beijing, he declared his satisfaction and changed the subject.

By closely linking the narrow issue of the currency to long-term goals of China’s "financial modernization," the Bush administration has come to realize that China could only adopt a floating exchange rate gradually in a span of several years.
Page: 12



Snow meets with Premier Wen Jiabao
Photo session with a tiger
Shanghai International Art Festival opens
  Today's Top News     Top China News
 

Koizumi's shrine visit draws rage, protests

 

   
 

US calls for financial sector modernization

 

   
 

Stage set for bigger space push

 

   
 

Bush to visit China in November

 

   
 

Taiwan farmers attend Beijing trade fair

 

   
 

WSJ: US global influence is waning

 

   
  More flexible exchange rate system promised
   
  Astronauts' safe return sparks big celebrations
   
  Koizumi's shrine visit draws rage, protests
   
  Novelist Ba Jin passed away at 101
   
  Space-age technology seeps into everyday life
   
  World heritage forum blasts off
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  News Talk  
  It is time to prepare for Beijing - 2008  
Advertisement
         
主站蜘蛛池模板: 欧美日韩小视频 | 日韩欧美专区 | 免费毛片在线 | 国产伦精品一区二区免费 | 国产精品成人av | 中文字幕av网站 | 国产精品大全 | 国产一级免费 | xxxxx国产| 国产精品黄色 | 黄色av免费在线观看 | 国产v片| 亚洲美女毛片 | 亚洲精品1 | 国产主播一区二区 | 日韩久久视频 | 一级黄色片免费看 | 久久观看 | 日韩中文字幕视频 | 日韩中文字幕一区二区 | 中文精品一区 | 一区二区三区四区精品 | 中文字幕日韩高清 | 国产精品久久久久久中文字 | 999在线视频 | 白白色免费视频 | 国产精品美女久久 | 欧美日韩在线一区 | 亚洲国产精品久久久久 | 91av免费 | 亚洲一二区 | 欧美日韩在线精品 | 亚洲小视频 | 国产伦精品一区二区三区视频黑人 | 国产精品毛片久久久久久久 | 女人黄网站 | 国产精品久久久久久久久久辛辛 | 免费久久久 | 中文字幕一级片 | 亚洲影视一区 | 久久在线免费视频 |