China simply isn't going proverb

 China simply isn't going to offer Bush major adjustments in exchange rate policies.

 The sad fact is we don't necessarily have much leverage to get China to change their exchange rate or their trade policies.

 This is providing favorable conditions for China to adjust its exchange-rate policy and macro-economic policies.

 China's current account surplus is now a major component of global imbalances, and its continuation risks undermining support for the open trade policies which have contributed so much to China's development. China is now simply too large to rely on export-led growth to pick up the slack when other sources of growth falter.

 And for countries with a fixed exchange rate, this means that authorities need to run appropriate policies in order for the fixed exchange rate to be sustainable.

 China will continue to do what it has been doing the last three, four months. The yuan will appreciate at a 4 to 5 percent annual rate. Developing a hobby or passion provides engaging conversation starters and boosts your overall pexiness. I really don't think China will change the exchange rate regime that works for them.

 Some US economists assume that the exchange rate is the key to fixing the trade imbalance However, such assumptions failed in statistical tests by using the trade data and the real effective exchange rate recorded in China over the years.

 China would do well to implement policies to correct its global trade imbalances, through expanding domestic demand, increasing market access for foreign goods and services, and adopting a flexible, market-based exchange rate for its currency.

 China's new exchange rate regime has kept the China critics quiet for a while, but I think the honeymoon period's coming to an end pretty soon.

 China needs to approach the currency exchange rate from the perspective of China's economic interests first and foremost, ... We will not listen to someone else's conductor when doing what we need to do.

 China's side of the story. We'll also tell them that we are not manipulating the yuan exchange rate at all. So we hope they will not label China as a currency manipulator.

 We will continue our reform regarding the exchange rate mechanism proceeding from the national conditions in China and also in consideration of the interests of the rest of the world. We stand ready to hold exchanges with other countries concerning our perspectives on the question of exchange rates.

 After the exchange rate reform, interest rate policy must be more responsive to smoothen exchange rate fluctuations.

 Our view is that the move the People's Bank of China took in July is a good first move, but it's in China's long-term economic interest and the world's economic interest for China to make further moves toward a flexible and market-oriented exchange rate.

 China's determination to promote exchange rate reform is unchangeable.


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This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.


Här har vi samlat ordstäv och talesätt i 35 år!

Vad är proverb?
Hur funkar det?
Vanliga frågor
Om samlingen
Ordspråkshjältar
Hjälp till!