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刀塔传奇死亡先知US out of line labeling China a currency manipulator

作者:快乐12标签:超级大乳浏览:68更新时间:2019-08-26 08:00

刀塔传奇死亡先知US out of line labeling China a currency manipulator ”  北京冬奥会延庆赛区在山区内建设,交通情况关乎场馆建设进展。一个政党在历史发展进程中到底能起多大作用,关键要看其与人民的关系。

刀塔传奇死亡先知US out of line labeling China a currency manipulator

YuYongdingPhoto:ICEditorsNote:TheUSTreasurysurprisedthemarketswithitsdesignationofChinaasa"currencymanipulator"onMonday,aftertheyuan(GT)reporterLiTianyangfollowingtheUScapriciousmove,YuYongding,anacademicianandseniorfellowoftheChineseAcademyofSocialSciences,:TheUSsuddenlyannouncedthedesignationofChinaasa"currencymanipulator."WhatsthenatureoftheannouncementYu:First,theUSTreasurybasesitsdeterminationofwhetheritstradingpartnersengageincurrencymanipulationonthreecriteria:persistent,one-sidedinterventioninforeignexchangemarkets,significantbilateraltradesurpluswiththeUS,,peritsownrules,shouldnthavedesignatedChinaasa"currencymanipulator."Second,theyuanslarge,,ssheernonsensethattheUSaccusedusofbeinga"currencymanipulator,""manipulation,"thentheentireworldissupposedly"manipulating"hatweremuchwilderthantheyuansutternonsensetosuggestacurrencyisbeing"manipulated",between2015and2016,Chinascentralbankused$1trillioninforeignexchangereserves,anastronomicalfigure,tomaintainthevalueoftheyuanwhenthecurrencywasunderdepreciationpressure,buttheUSdidntcallChinaa"currencymanipulator"then,asitthoughttheChinesecentralbanksintervention(or"manipulation"inthewordsoftheUS),whentheyuanisdevaluedandChinascentralbankfailedtointervenetopropuptheyuanexchangerate,theUSgovernmentaccusedChinaof"currencymanipulation."Infact,thedevaluationwascausedbyrisingmarketpessimism,whichinturnislikelyaresultofUSPresidentDonaldTrumpsthreatofimposingadditional10percenttariffson$sclearthattheUSadministrationsdesignationofacountrybeinga"currencymanipulator":WhataretheimplicationsofthecurrencymanipulationdesignationforChina,woulditgeneratepanicYu:TheUSdesignatingChinaasa"currencymanipulator"meansthetradestwolargestecono"currencymanipulator,"whatwouldbeitsnextmoveAccordingtotheTreasurysarrangement,theUSwouldimposeadditionalpunitivetariffsonChinafor"currencymanipulation."However,theUShasalreadyimposed25percentadditionaltariffson$250billionworthofChinesegoodsandthreatenedtoimposeanadditional10percenttariffonalltheremaining$"currencymanipulator,"howmuchmoretariffsdoestheUSwanttoimposeonChinesegoodsToraisethe10percenton$300billionworthofChineseproductsto25percentToimposeadditional45percenttariffsonallChineseproductsandeventuallyterminateChina-UStradetiesItshardtoimagineafterdesignatingChinaasa"currencymanipulator,"ChinatariffpolicyissubjecttoitsChinatradepolicyatlarge,andwhetherornottheUSlabelsChinaasa"currencymanipulator",whetherornottheUSwouldescalatethetariffswarisnotcontingentuponthecurrencyissue,,,thenex,itsfairlydifficulttopredictwhatTrump,whatstheuseoffeelingpanickedGT:IsthereachanceofthetradewarbetweenChinaandtheUSbeingscaledupintoafinancialwarYu:,,thethreatofadditional10percenttariffson$,ifitgoesintoeffect,,,,experienceinthepastoneandahalfyearstaughtChinathattheTrumpadministrationiscapableofmakingsenseless,,,,policieshaveproventhatPresidentTrumpdoesntcarewhetherapolicywillhurttheAmericaneconomyornot,,wecan,,itsofextremesignificancetorampupdomesticeconomicrestructuring,,Chinashouldworktostabilizeeconomicgrowth,preventtheeconomicgrowthratefromcontinuingadownwardtrend,tworryabouttheUSaslongasoureconomy,notablytherealeconomyandfinancialeconomy,"homework,",asamajorpower,:Postedin:。

刀塔传奇死亡先知US out of line labeling China a currency manipulator

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