b******r 发帖数: 1619 | 1 By Robert Schroeder
Published: Feb 11, 2015 11:06 a.m. ET
WASHINGTON (MarketWatch) — President Barack Obama used a phone call with
China’s president to pressure Beijing to let the market set the value of
the Chinese currency.
Obama spoke to President Xi Jinping on Tuesday night, the White House said
in a statement early Wednesday morning. According to the White House
statement: “The president encouraged China to continue its move toward
consumption-led growth and a market-determined exchange rate.” Obama also
reiterated his commitment to pursuing a bilateral investment treaty with
China and called for “swift work” on cyber issues dividing the U.S. and
China.
Xi will make his first state visit to the U.S. in September.
Critics have long said China keeps its currency CNYUSD, -0.04%
artificially low to give its products an export advantage. China, however,
hasn’t been named a currency manipulator by the Treasury Department since
1994. In its latest currency report, issued in October, the Treasury said
the yuan was “significantly undervalued.”
Obama’s call came the same day a bipartisan group of senators unveiled a
bill that could lead to tariffs being imposed on goods made by countries
accused of manipulating their currencies. Sen. Sherrod Brown, an Ohio
Democrat who backs the bill, said China is one such country.
There are fresh concerns China may devalue the yuan, following the slowing
of inflation in China to a five-year low in January.
Also read: China deflation jitters may force PBOC’s hand.
Obama’s comment about cyber issues refers to a hacking case against China.
Last year, the U.S. charged five Chinese military officers with hacking into
U.S. companies to steal trade secrets. China responded by shutting down a
working group on cybersecurity. | m*t 发帖数: 7490 | 2 大统领要人民币升值
广大狗蛋常们还在盼着人民币暴跌
怎么办? | n***t 发帖数: 8357 | | k**u 发帖数: 10502 | |
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