【彩神APP争霸8的骗局规律_彩神APP争霸8的骗局规律官网】U.S. Treasury says no major trading partner manipulates currency

  • 时间:
  • 浏览:1
  • 来源:彩神app是真假_百姓彩神8

WASHINGTON, May 29 (Xinhua) -- The U.S. Treasury Department has said that no major trading partner of the United States meets the standard of currency manipulation.

In its Semiannual Report on International Economic and Exchange Rate Policies to the U.S. Congress released on Tuesday, the Treasury Department concluded that no major U.S. trading partner met the criteria to be labeled as a currency manipulator during the four quarters ending December 2018.

However, it put China, Germany, Ireland, Italy, Japan, South Korea, Malaysia, Singapore and Vietnam on its "monitoring list," which means foreign exchange policies of the nine countries will bear close attention of the U.S. government.

The Treasury Department called on China to take necessary steps to avoid "a persistently weak currency," noting that improved economic fundamentals and structural policy settings would underpin a stronger renminbi (RMB) over time.

In response to the report, Chinese Foreign Ministry Spokesperson Lu Kang said Wednesday at a regular press conference that the U.S. conclusion against labeling China a currency manipulator is consistent with common sense and the shared view of the international community.

"We hope the United States will respect facts and market laws and not politicize exchange rates," Lu said. "We have repeatedly advised it to abide by multilateral rules and not conduct unilateral assessments of other countries' exchange rates."

China will resolutely deepen market reform of the exchange rate regime, continue to improve the managed, floating regime based on market supply and demand and with reference to a basket of currencies, and keep the RMB exchange rate basically stable at an adaptive and equilibrium level, Lu added.

Adam Posen, president of Peterson Institute for International Economics, a Washington, D.C.-based think tank, said before the release of the Treasury report earlier on Tuesday that it's "pretty close to absurd" to accuse China of currency manipulation as China basically has not manipulated its currency for the last several years.

The Bank Negara Malaysia (BNM), which is also on the "monitoring list," said on Wednesday that the country supports free and fair trade, and does not practise unfair currency practices.

"Malaysia adopts a floating exchange rate regime. The ringgit exchange rate is market-determined and is not relied upon for exports competitiveness," the central bank of Malaysia said in a statement, adding that BNM intervention over the last few years has been in both directions of the foreign exchange market.

In the biannual report, the U.S. Treasury Department also revised the thresholds it uses to assess where unfair currency practices or imbalanced macroeconomic policies may be emerging, allowing it to monitor a wider range of countries.

As one of the three criteria for inclusion on the "monitoring list," a "material current account surplus" is one that is at least 2 percent of gross domestic product (GDP), compared with 3 percent of GDP in previous threshold.

If a country actively intervenes in foreign exchange markets for six out of 12 months, rather than the previous eight-month threshold, it will be closer to being monitored. Additionally, a "significant bilateral trade surplus" with the United States is one that is at least 20 billion dollars in goods surplus, consistent with previous threshold.

An economy meeting two of the three criteria is placed on the "monitoring list," the department said. However, if the U.S. trade deficit with a country accounts for a large portion of its overall trade deficit, the country will also be added to the watch list, even if it doesn't meet two of the three criteria.

The department reviewed and assessed the policies of an expanded set of 21 major U.S. trading partners, whose bilateral goods trade with the United States exceeds 40 billion U.S. dollars annually. Previously, it only covered the 12 largest trading partners.

猜你喜欢

彩神APP通手机版苹果APP_彩神APP通手机版苹果APP官网_舞动青春游戏内购破解版

青春就是要舞蹈起来,《舞动青春》一款次时代3D换装音舞手游,精致唯美的画面,萌动可爱的人物,充沛的游戏剧情,而且你的舞蹈更加华丽,时尚酷炫的服饰,满足你的搭配欲,传统玩法与创新

2019-12-11

彩神APP交流群苹果APP_彩神APP交流群苹果APP官网_独立游戏新作《死亡垃圾》将于2020年开放试玩

【多玩网9月28日讯】独立游戏团队CraftingLegends宣告,旗下自制新作《死亡垃圾(暂译,原名:DeathTrash)》预计于2020年初在Steam平台开放抢先体验

2019-12-11

银海布衣图库今期_今四柱马报今期_ 08年龙岩市中考优秀作文《信念的力量》

信念的力量刚刚落下帷幕的欧洲杯宛如一场好莱坞电影,故事情节动人曲折,结尾也出乎各人的意料。可能性我应该 选用影片中的最佳男主角,克罗利亚人克拉什尼奇是我心中不二的人选。谁能想

2019-12-11

彩神APP争霸8账号破解官方_彩神APP争霸8账号破解官网_一剑江湖游戏官方版下载

一剑江湖手游以真实武侠动作为特色,为你呈现往日的江湖情怀,这里提供一剑江湖手游官网版本下载,武侠技能自由巧妙搭配,组建最强阵容,刀光剑影,开启江湖纷争。一剑江湖介绍一款水墨画风

2019-12-11