In view of Obama during the debate in the general election about the issue of Sino-US trade and economic hard-line position shown, after many analysts may take after his election deeply concerned about the economic and trade policies toward China. From that day interviewed the views of several experts point of view, need not be too worried. In fact, Sino-US economic and trade frictions to establish normal trade relations the two sides began soon after. The past 20 years China's rapid economic development, making the United States attaches great importance to China's market potential, China's rapid export growth also makes a giant within the United States some interest groups feel threatened. Trade policy in the United States to The United States has become the most economic and trade frictions with China, the most intense state. Because of this, the Chinese Ministry of Commerce, International Trade and Economic Cooperation, said Mei Xinyu, researcher at the Institute, the contemporary history of China-US economic and trade development in a sense, history has called the deepening of trade friction.
from presidential candidate Barack Obama in a televised debate recently on the position and the recent reply to the American Textile Association, can see his very dedicated to Sino-US trade issues, that the Chinese there is a In addition, Chinese toys in the U.S. media reported security problems, he also said that if he were president, would be a total ban on Chinese toy exports to the U.S..
Foreign Trade University Professor Ding Zhijie, vice president of finance that, overall, Obama on the sound, while the people the reason why this sound, a large part is from the guidance of the U.S. mainstream media, Obama himself could not very clear on this issue, but he may choose for the purpose of election of the . In view of this charge reflects the attitude of some Americans, this could mean the future of Sino-US need further on these issues, communication and coordination. Also, at first glance, the U.S. dollar exchange rate is determined by the market every day, but the long term, the dollar exchange rate, the U.S. national interest by the dollar exchange rate policy decisions, especially this year, the dollar's rally since July. Therefore, Obama should be blamed the most past the U.S. government's exchange rate policy rather than China.
although McCain compared to Obama's color to light much more free trade, but cautioned Mei Xinyu, China policy, including foreign economic and trade policies, including Obama campaign claims actually have some fantasy color, feasibility is not strong, the potential threat to China also does not seem appropriate so much. The RMB exchange rate issue, he advocated for the appreciation of the renminbi to the U.S. manufacturing sector But the problem is that Obama does not seem to realize that China's exchange rate his request, and he wants to achieve the expected economic recovery is contrary to the goal.
exchange rate constitutes a support. In the first 9 months the pressure of RMB appreciation against the dollar is very obvious, and to 10 in July, a reversal is the truth. Barack Obama and John McCain in the election race to flaunt their own policies were better able to make the United States out of the crisis, however, if the U.S. economy really as they wish to restore, not only further push down the dollar against the RMB exchange rate. analysis is conducted based on an implicit assumption, that Obama will not bring any American political and social uncertainty, but this assumption is not valid. A multi-ethnic, minority head of state can be, but must agree with the majority of the mainstream of national culture, this would certainly bring unrest.
he said. JP Morgan economist Frank Gong, chief China also believes that after the election to return to the U.S. As for the election of the Sino-US relations and the RMB exchange rate policies, Frank Gong believes that for China, the prospect of global recession a the current global environment of more stable source of growth. During the 1997 Asian financial crisis, China to insist on a stable exchange rate practices. At that time, China's export competitiveness is now far less, the trade surplus is much lower. Therefore, even in the Democratic Party control of the government and the Congress, the U.S. politics to the left, the case of economic recession, the RMB will not devalue. Frank Gong, and Ding Zhijie
expected, Obama came to power risk of trade protectionism in the United States to rise again, especially given that the U.S. economy may have fallen into a deeper than expected, longer-term recession, This may give risk to economic and trade relations. Ding Zhijie said today Mr Obama has sent to China policy may be some adjustments. Of course, this adjustment can not be achieved, while the U.S. is now in deep financial crisis and need, including China, the international community to support, together with the continuity of policy considerations, Obama will not have to be taken after taking office next year particularly extreme approach.
said that in the closely watched for some time, and changes in U.S. policy is essential to be addressed.
now more and more people believe that great powers need to establish a stable exchange rate mechanism, not to blame other countries manipulate the exchange rate. According to Ding Zhijie analysis, served as Fed Chairman, Volcker, Obama might as finance minister. This person has made the point that the instability of exchange rates among major powers will inevitably lead to financial crises in developing countries. Mei Xinyu
and believes that, as many manufacturers shift to China from the United States, indeed caused the unemployment of some Americans, but the transfer to the United States also created a higher employment income opportunities. Therefore, no matter when the Obama campaign said something, and when he got into the president position, the ruthless economic logic will continue to revise its words and deeds.
from presidential candidate Barack Obama in a televised debate recently on the position and the recent reply to the American Textile Association, can see his very dedicated to Sino-US trade issues, that the Chinese there is a In addition, Chinese toys in the U.S. media reported security problems, he also said that if he were president, would be a total ban on Chinese toy exports to the U.S..
Foreign Trade University Professor Ding Zhijie, vice president of finance that, overall, Obama on the sound, while the people the reason why this sound, a large part is from the guidance of the U.S. mainstream media, Obama himself could not very clear on this issue, but he may choose for the purpose of election of the . In view of this charge reflects the attitude of some Americans, this could mean the future of Sino-US need further on these issues, communication and coordination. Also, at first glance, the U.S. dollar exchange rate is determined by the market every day, but the long term, the dollar exchange rate, the U.S. national interest by the dollar exchange rate policy decisions, especially this year, the dollar's rally since July. Therefore, Obama should be blamed the most past the U.S. government's exchange rate policy rather than China.
although McCain compared to Obama's color to light much more free trade, but cautioned Mei Xinyu, China policy, including foreign economic and trade policies, including Obama campaign claims actually have some fantasy color, feasibility is not strong, the potential threat to China also does not seem appropriate so much. The RMB exchange rate issue, he advocated for the appreciation of the renminbi to the U.S. manufacturing sector But the problem is that Obama does not seem to realize that China's exchange rate his request, and he wants to achieve the expected economic recovery is contrary to the goal.
exchange rate constitutes a support. In the first 9 months the pressure of RMB appreciation against the dollar is very obvious, and to 10 in July, a reversal is the truth. Barack Obama and John McCain in the election race to flaunt their own policies were better able to make the United States out of the crisis, however, if the U.S. economy really as they wish to restore, not only further push down the dollar against the RMB exchange rate. analysis is conducted based on an implicit assumption, that Obama will not bring any American political and social uncertainty, but this assumption is not valid. A multi-ethnic, minority head of state can be, but must agree with the majority of the mainstream of national culture, this would certainly bring unrest.
he said. JP Morgan economist Frank Gong, chief China also believes that after the election to return to the U.S. As for the election of the Sino-US relations and the RMB exchange rate policies, Frank Gong believes that for China, the prospect of global recession a the current global environment of more stable source of growth. During the 1997 Asian financial crisis, China to insist on a stable exchange rate practices. At that time, China's export competitiveness is now far less, the trade surplus is much lower. Therefore, even in the Democratic Party control of the government and the Congress, the U.S. politics to the left, the case of economic recession, the RMB will not devalue. Frank Gong, and Ding Zhijie
expected, Obama came to power risk of trade protectionism in the United States to rise again, especially given that the U.S. economy may have fallen into a deeper than expected, longer-term recession, This may give risk to economic and trade relations. Ding Zhijie said today Mr Obama has sent to China policy may be some adjustments. Of course, this adjustment can not be achieved, while the U.S. is now in deep financial crisis and need, including China, the international community to support, together with the continuity of policy considerations, Obama will not have to be taken after taking office next year particularly extreme approach.
said that in the closely watched for some time, and changes in U.S. policy is essential to be addressed.
now more and more people believe that great powers need to establish a stable exchange rate mechanism, not to blame other countries manipulate the exchange rate. According to Ding Zhijie analysis, served as Fed Chairman, Volcker, Obama might as finance minister. This person has made the point that the instability of exchange rates among major powers will inevitably lead to financial crises in developing countries. Mei Xinyu
and believes that, as many manufacturers shift to China from the United States, indeed caused the unemployment of some Americans, but the transfer to the United States also created a higher employment income opportunities. Therefore, no matter when the Obama campaign said something, and when he got into the president position, the ruthless economic logic will continue to revise its words and deeds.
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