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  • Started 10 years ago by ces417gz9w

  1. ces417gz9w
    Member

    <p> the Chinese economy in a reasonable range,louboutin pas cher, we have more adequate foreign exchange reserves, and surplus in trade in goods is increasing, which suggests to maintain the RMB exchange rate basically stable at a reasonable and balanced level. Sometimes the words with China, "lying also in the gun." We do not want to stimulate exports through devaluation of the renminbi, which is not in line with the direction of our restructuring, we do not want to see the "currency war" took place in the world, China and the world as a high degree of integration of the major economies, if it occurs "currency war" against China only harm less favorable. For example,air max bw pas cher, after the slight pullback in the yuan exchange rate, I have asked the relevant departments and specialize in export business, they want to maintain the basic stability of the RMB exchange rate on a reasonable and balanced level. Because if there is a continued devaluation of the market's expectations, he can not get a single commander. This is how China can contribute to export it? As we all know, China's commodity trading accounts for a large proportion of this year, 1-8 months,barbour paris, China imported 220 million tons of crude oil, an increase of 10 percent over last year, soybean imports rose 7%, iron ore imports essentially flat with last year, it imported more than 600 million tons, but the commodity import prices down, some fell by 40%, 50%.</p>

    <p> which also had an impact on us. Tariffs down,giuseppe zanotti, China's fiscal revenue under pressure,air jordan italia, but the price is not that we can decide, imports did not come down, imports declined due to the price reduction resulting from, Who should be responsible? I think we could be discussed. We all know that if the international market commodity prices have rebounded,air jordan, we can also earn more import tariffs, our finance minister here,air max pas cher pour femme, he will feel happy. Of course, I'm more happy that we can contribute to improving people's livelihood. Meanwhile, PPI will have changed, which is corporate profits,abercrombie pas cher, improve operational efficiency is advantageous, of course, we need to work together to solve. As for the internationalization of the yuan, it will market to choose, but also according to the actual development of China's economy, it has a process, we will gradually promote capital account convertibility and other measures. But one thing is sure, the continued depreciation of the RMB is not necessarily conducive to the internationalization of the yuan, it is not our policy orientation. China is willing to join the SDR, only to gradually realize the internationalization of the renminbi, also do a large developing country should have an international responsibility. China is not the source of the economic risk of the world, but the source of power in the world economic growth. Thank you. [Li Keqiang: China is not the source of the economic risk of the world.</p>

    <p> and even fear of causing "currency war." In this regard, how do you see? Now IMF decided to defer consideration of SDR, China will promote the process of internationalization of the RMB? [Li] I would like to explain the fact that, since the current government was established, the RMB real effective exchange rate has risen by 15%, due to the sharp decline in the dollar against the currencies of many countries, the trend of the international market led us to adjust the RMB exchange rate quotation mechanism, but only slight trimming. Such reckoning,zanotti femme, the real effective exchange rate of RMB against the US dollar this government is still a relatively substantial growth. Frankly, the RMB exchange rate after a slight pullback,hogan outlet online, has remained stable. Because the basis of the continued depreciation of the yuan does not exist.</p>

    <p> but the source of power for world economic growth] Premier Li Keqiang met with the 9th 2015 Summer Davos Forum entrepreneurs, said that China is willing to join the SDR (special drawing rights), not only is to gradually realize the internationalization of the yuan, also do a large developing country should have an international responsibility.</p>

    <p> the risk is controllable, because the level of debt ratio is still relatively low. For example,air jordan milano, the central government debt less than 20% GDP, local government debt over 70% of the investment, there are rewards. Moreover,outlet peuterey, we are still regulate local debt issuance, and open the main entrance, blocking the back door. Someone should say the Chinese government debt will cause big risk is much concern. Of course, I do not deny that you have just the Chinese government debt concerns questions. Chinese people is philosophical concepts of all things must be prepared, which is also true. As for the reform of the financial system,nike tn pas cher, China will continue to push forward, because this is the need for China to maintain financial stability is the need of China's opening. For example, we have recently cut interest rates fall registration process to let go of the one-year deposit interest rate ceiling above,soldes louboutin, we will relax the entry of private banks, including foreign orderly entry and China's cooperation,air max pas cher, etc.,tn requin pas cher, these measures will gradually roll out. In general, the direction of reform will not change,giubbino peuterey uomo, the pace of reform will not stop. Of course, reform is a gradual step. Thank you. � respond devaluation: the foundation continued depreciation of the RMB is not present, China is a "lying also in the gun." [Boston Consulting President and CEO Li Ruilin] Not long ago,piumino moncler, there was a substantial devaluation of the Chinese yuan. Some people think that this has brought a chain reaction.</p>
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