综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

  Home>News Center>China
       
 

U.S. happy with China yuan moves, wants more
(Reuters)
Updated: 2005-09-29 07:09

The United States is pleased with China's currency steps but wants Beijing to move faster toward a free-floating yuan, US Treasury Secretary John Snow said on Wednesday.

Speaking on CNBC television, he said the Treasury's special envoy to China, Olin Wethington, would be stepping down and returning to private life and there would be an announcement soon relating to the diplomatic dialogue with Beijing.


People's Bank of China Governor Zhou Xiaochuan and US Treasury Secretary John Snow shake hands before they hold private talks at International Monetary Fund Headquarters in Washington, Saturday, Sept. 24, 2005.[AP]

Wethington, assistant secretary for international affairs at the Treasury in 1991-92, was appointed in May to be a direct conduit between the United States and Beijing on exchange rates and financial markets. He was charged with consulting with Asian governments, the Group of Seven wealthy countries and the International Monetary Fund on China issues.

Snow called Beijing's July shift away from a direct peg to the US dollar "a historic step."

"They also did a modest revaluation at that time and they expressed a commitment to allowing the yuan to move in accordance with demand and supply. That's precisely what they should do -- they should let their currency reflect underlying market forces," he said.

"It's going to take some time for them to implement that decision. I am confident they will. We're urging them to move faster," he added.

When asked about US interest rates, Snow said rates would stay low as long as US inflation stayed in check.

"I think as long as we keep inflation down -- and we're doing a good job with that -- we'll see lower interest rates because interest rates tend over time to reflect inflation," he said.



Chinese embrace upcoming National Day
Nanjing International Auto Show
56th anniversary of the founding of PRC
  Today's Top News     Top China News
 

China-U.S. textile talks end without agreement

 

   
 

U.S. happy with China yuan moves, wants more

 

   
 

China share prices rebound; Yuan up

 

   
 

Roberts to be confirmed as U.S. Chief Justice

 

   
 

U.S.: EU slow to freeze terrorist assets

 

   
 

Taipei urged to respond to panda goodwill

 

   
  China-U.S. textile talks end without agreement
   
  U.S. happy with China yuan moves, wants more
   
  China aims to lift confidence with compensation fund
   
  China share prices rebound; Yuan up
   
  China seen world leader in clean energy
   
  China sets blueprint for fighting flu pandemic
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  News Talk  
  It is time to prepare for Beijing - 2008  
Advertisement
         
德保县| 安徽省| 巴彦淖尔市| 潞城市| 乾安县| 年辖:市辖区| 越西县| 塔城市| 长兴县| 壶关县| 桓台县| 道孚县| 汶川县| 九龙县| 新竹市| 白水县| 汉寿县| 商水县| 阆中市| 横峰县| 珲春市| 敦化市| 革吉县| 麻江县| 垦利县| 安康市| 洛隆县| 交城县| 蕲春县| 五家渠市| 颍上县| 赤壁市| 威信县| 天祝| 扎赉特旗| 开封县| 汤阴县| 竹山县| 汝南县| 平泉县| 江口县|