<tt id="6hsgl"><pre id="6hsgl"><pre id="6hsgl"></pre></pre></tt>
          <nav id="6hsgl"><th id="6hsgl"></th></nav>
          国产免费网站看v片元遮挡,一亚洲一区二区中文字幕,波多野结衣一区二区免费视频,天天色综网,久久综合给合久久狠狠狠,男人的天堂av一二三区,午夜福利看片在线观看,亚洲中文字幕在线无码一区二区

          Chen Weihua

          Political capital to the cost of the people

          By Chen Weihua (China Daily)
          Updated: 2010-09-07 07:58
          Large Medium Small

          It was interesting to hear some politicians in the United States say they will not waste any more political capital fighting people like Senator Chuck Schumer, who is leading a lobby to pressure China to revalue its currency or face higher tariffs on its exports.

          Political capital is clearly an increasingly important, yet scarce, commodity for the Obama administration and his fellow Democrats ahead of the mid-term election in November.

          But while political capital is essential in an election for both the Democrats and the Republicans, the real issue is whether it is the right thing to do and not how much political capital it costs for an individual party.

          This is the issue that should be addressed by Larry Summers, the top White House economic advisor, who is visiting China to seek concession from the Chinese on the revaluation of the yuan and a host of other concerns.

          Although the yuan debate has gone on for years, if you read the New York Times or Wall Street Journal these days, you find there is declining support in the US for the obsession with revaluing the yuan.

          In an Aug 20 article in the Wall Street Journal, Robert Pozen, chairman emeritus of MFS Investment Management and a senior lecturer at Harvard Business School, argued that the value of the yuan is not the main driver of the US trade deficit, and that the appreciation of the yuan relative to the US dollar may result in China losing low-end exports to countries like Bangladesh and Vietnam.

          Pozen urged American politicians not to push so hard for yuan appreciation, instead he suggested the US should support higher wages and a stronger safety net for Chinese workers, which would increase the price of Chinese exports and thus reduce the incentive for consumers in the US to buy goods from China.

          In a New York Times article four days later, Joseph Massey and Lee Sands, partners in an investment advisory and consulting firm, and respectively chief trade negotiators with China at the Office of the US Trade Representative in the 1990s, argued that floating yuan exchange rates won't fix the US trade deficit with China.

          Citing a similar US experience with Japan in the 1980s, the two experts concluded that fighting China over the yuan is a losing battle for the US. They argued that a better solution would be to bring the vast pools of Chinese capital created by the American purchases of Chinese goods back to the US.

             Previous Page 1 2 Next Page  

          主站蜘蛛池模板: 国产做爰xxxⅹ久久久| 中文有无人妻vs无码人妻激烈| 欧美裸体xxxx极品| 全球成人中文在线| AV喷水高潮喷水在线观看COM| 日韩人妻无码一区二区三区综合部| 色伊人久久综合中文字幕| A级毛片无码久久精品免费| 国产一区在线观看不卡| 亚洲AV成人片不卡无码| 日本一区二区视频在线播放| 无套内谢极品少妇视频| 人人妻久久人人澡人人爽人人精品| 亚洲全乱码精品一区二区| 日韩深夜免费在线观看| 樱花草在线社区www| 99在线精品国自产拍中文字幕| 国内精品卡一卡二卡三| 五十路久久精品中文字幕| 国产精品乱码高清在线观看| 国产三级国产精品久久成人| 国产成人一区二区三区视频免费| 人人爽人人爽人人片av东京热| 人妻系列中文字幕精品| 少妇精品视频一码二码三| 40岁大乳的熟妇在线观看| 欧美特黄三级在线观看| 亚洲最大日韩精品一区| 国产一卡2卡三卡4卡免费网站 | 国产微拍一区二区三区四区| 亚洲免费一区二区三区视频| 亚洲毛片多多影院| 欧美交a欧美精品喷水| 超碰伊人久久大香线蕉综合| 亚洲天堂一区二区成人在线| 国产一区在线播放无遮挡| 视频一区视频二区制服丝袜| chinese性内射高清国产| 精品国产小视频在线观看| 熟女人妻aⅴ一区二区三区电影| 无码人妻精品一区二区三区下载|