Senior Chinese official says appreciation of RMB not good recipe for U.S.-China trade deficit
发布:2012-10-16
编辑:2012-10-16
A senior Chinese trade official said on Wednesday that the appreciation of renminbi, the Chinese currency, is not "a good recipe" for solving U.S.-China trade deficit.<?xml:namespace prefix = o ns = "
A senior Chinese trade official said on Wednesday that the appreciation of renminbi, the Chinese currency, is not "a good recipe" for solving U.S.-China trade deficit.<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />
"U.S.-China trade deficit is caused by the shift in international division of labor and of industries against the backdrop of globalization," said Chinese Vice Commerce Minister Zhong Shan in a speech at the U.S. Chamber of Commerce.
