国际英语新闻:Sino-U.S. tensions show no sign of easing
BEIJING, March 26 -- There are no clear signals of an easing in trade and political tensions in Sino-U.S. relations despite the hope generated by the visits of two Chinese vice-ministers to Washington.
Vice-Commerce Minister Zhong Shan said in the U.S. capital on Wednesday that Beijing will reform its currency regime gradually and keep the exchange rate stable.
|
| Chinese Vice Commerce Minister Zhong Shan is greeted by an unidentified person while attending the breakfast meeting at the U.S. Chamber of Commerce in Washington, D.C., capital of the United States, March 24, 2010. |
Rejecting mounting U.S. calls to allow the yuan to rise more quickly, Zhong said changing the exchange rate was not the way to fix a huge bilateral trade gap, and that it could upset the global economy.
Revaluing the renminbi is not a good recipe for resolving problems, he told the U.S. Chamber of Commerce.
It is in nobody's interest - China's, the U.S.' or other countries' - to see big ups in the renminbi or big downs in the dollar, Zhong said.
He asked Washington not to blame others for its own problems, otherwise, the outcome would just be the opposite.
|
| Chinese Vice Commerce Minister Zhong Shan (C) arrives for the breakfast meeting at the U.S. Chamber of Commerce in Washington, D.C., capital of the United States, March 24, 2010. |
Zhu Min, deputy governor of the People's Bank of China, the central bank, also said on Thursday that Beijing will refine its exchange rate regime but declined to set a timetable.
U.S. Treasury Secretary Timothy Geithner said it was critical for China to allow its currency to rise.
We can't force them to make that change, he said in an interview with CNN. But it is very important that they let it start to appreciate again. And I think many of them understand that, he said.
U.S. Senators are crafting a law that would slap import duties on Chinese goods to offset what they believe is the low value of its currency.
The sponsors of the bill, Democratic Senator Charles Schumer and Republican Senator Lindsey Graham, also want the Barack Obama administration to formally label China a currency manipulator in a semi-annual Treasury Department report due on April 15. 1/2 12下一页尾页
猜你喜欢
- 国际英语新闻:Triple polls boost for British PM Johnson as political scraps continue over Brexit
- 国际英语新闻:Celebrations held in Sydney to mark 70th anniversary of PRC founding
- 国际英语新闻:Roundup: Italy's PM Conte unveils new gov't program to lower house, winning first confiden
- 国际英语新闻:Africa supports goals of comprehensive nuke test ban treaty: envoy
- 国际英语新闻:Explosions occur at ammunition depot in western Iraq
- 国际英语新闻:Next Normandy summit to be held in Paris "in the next few weeks" : Elysee
- 国际英语新闻:Cuba launches anti-Trump signature drive in solidarity with Venezuela
- 国际英语新闻:British lawmakers vote to reject second gov't bid for snap election
- 国际英语新闻:Kuwait-U.S. summit postponed as Kuwaiti emir continues medical tests
- 国际英语新闻:DPRK fires 2 unidentified projectiles into East Sea: S.Korea


