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    China And The US Will Focus On Dialogue

    2014/7/7 16:15:00 6

    RMBMiddle PriceForeign Exchange Spanaction

    < p > the world is < a href= "http://www.91se91.com/" target= "_blank" > dress < /a > a href= "http://www.91se91.com/" target= "http://www.91se91.com/". < /p >
    This week, P, the most important and dynamic bilateral relationship in the world, is hopeful for new impetus. According to the agreement between the two sides, the sixth round of China US strategic and economic dialogue will be held in Beijing in from July 9th to 10th. Some overseas media have pointed out that some frictions are making tensions between the two economic powers of China and the United States tense when the round of dialogue is going on. In the eyes of economists interviewed by the Shanghai Daily reporter, the RMB (6.2013, -0.0102, -0.16%) exchange rate and the opening of the financial sector will be heated. < /p >
    From P in 1979 to $500 billion in 2013, the bilateral trade volume between China and the United States is increasing, and the historical development of Sino US relations is obvious to all. In 2014, China and the United States officially established diplomatic relations for 35 years, and today's bilateral relations have become one of the most important and dynamic bilateral relations in the world. < /p >
    This week, P, this bilateral relationship is expected to inject new impetus. According to the agreement between the two sides, the sixth round of China US strategic and economic dialogue will be held in Beijing in from July 9th to 10th. Some overseas media have pointed out that some frictions are making tensions between the two economic powers of China and the United States tense when the round of dialogue is going on. In the eyes of economists interviewed by the Shanghai Daily reporter, the issue of RMB exchange rate and opening up in the financial sector will be heated. < /p >
    P, however, they also believe that this round of dialogue is expected to help the two sides to find new impetus for the development of bilateral relations. The role of China and the United States in global economic governance is worth looking forward to at the historic node in the international situation. < /p >
    < p > Roach pointed out in an article to this newspaper that the upcoming Sino US strategic and economic dialogue provides a platform for both sides to seize common opportunities. The two countries can push forward relations through bilateral investment treaties, which will eventually lead to greater trade freedom. This will enable the United States with a large service economy to seize the opportunities arising from the rise of China's service driven growth mechanism, which will also enable China to rebalance its policies by making better use of the expertise and experience of the United States. < /p >
    Topics such as < p > strong > a href= "http://www.91se91.com/news/index_s.asp" > RMB < /a > have attracted much attention.
    Chinese President Xi Jinping, special representative of the State Council, Vice Premier Wang Yang and State Councilor Yang Jiechi will co chair the current round of China US strategic and economic dialogue with us president Obama special representative John Kerry and Minister of finance Jacob Lu, P. < /p >
    < p > since the first round of Sino US strategic and Economic Dialogue held in July 2009, China and the United States have held five rounds of strategic and economic dialogues and achieved a series of results. < /p >
    Hong Lei, foreign ministry spokesman, said that China hopes that the two sides will make joint efforts to strengthen strategic communication, promote cooperation and exchanges, properly handle differences, and promote new progress in building new Sino US relations of major powers between the US and P. < /p >
    < p > before the dialogue was opened, some focus topics were the first to be heated. Among them, the issue of RMB exchange rate was most concerned. In a speech on the 1 th of this month, US Treasury Secretary Jacob Lou urged China to make more progress and let the market decide the RMB exchange rate. < /p >
    P, Bloomberg economist, said that the renminbi will become the focus of attention in this round of dialogue. The weak renminbi exchange rate this year will prompt US negotiators to call on the yuan to appreciate again. Chen Zhiwu, a professor of finance at Yale University, [micro-blog], is also concerned about this hot topic. He told the Shanghai Daily reporters that the US side will focus on the issue of RMB devaluation, intellectual property protection, China's financial industry's opening up to foreign investment and geopolitical changes, especially if they will accuse the devaluation of the renminbi against the US. < /p >
    "P", which may be a concern for China, Chen Zhiwu believes that this includes continuing to ask the United States to liberate many investment areas, allowing Chinese enterprises to export freely to the United States and invest in the United States, and the theme of the discussion will be launched in order to promote bilateral investment agreements. < /p >
    < p > in Jacob Lu's speech, the RMB exchange rate against the US dollar decreased by about 2.4% during the year. Chen Zhiwu pointed out that China should emphasize that the RMB has been overvalued and needs to depreciate appropriately, at least the market should decide whether to appreciate or depreciate. In the past two years, currencies in Japan, Brazil and India have all depreciated a lot, and the renminbi has not only depreciated but appreciated, which certainly hurts the Chinese economy. Ou also pointed out that as China's trade accounts are obviously close to equilibrium, the evidence that the RMB exchange rate is undervalued is weak. < /p >
    < p > < strong > with more dialogues to bridge differences, < /strong > /p >
    Prior to the dialogue, the Shanghai Daily reporter received an article written by Morgan, former chairman of the Asia region, Stephen Hroch, on the dialogue. He said that the United States and China could reset the relationship between the two sides into a more constructive and sustainable "interdependent state" so as to get rid of the disastrous outcome of the so-called "coexistence relationship". P Interdependence helps to form healthy interactions between partners. Both sides no longer need to rely on others to meet their needs, but also can maintain the common interests of bilateral relations. < /p >
    Overseas media have said that the friction between China and the United States in recent network monitoring activities will hamper the progress of the two sides in coordinating economic policies. P But Jacob Lu released a friendly signal before the meeting. He pointed out that organizing dialogue is to prevent such interference, which will not hinder the progress of other countries in other aspects. Chinese and American officials will hold parallel consultations on numerous issues. < /p >
    Max Baucus P, the new US ambassador to China, said at the end of last month that a new Sino US bilateral investment agreement would be one of his top priorities. Cass acknowledged that Sino US relations are more and more frictions. However, he advocated solving problems through dialogue rather than confrontation. He said, "at this time we need more, not less dialogue." < /p >
    Looking for some common areas of cooperation is an important point in the development of bilateral relations. < p > Kissinger, director of the center for Sino American Studies at Wilson Center in Washington, D.C., Robert Daly suggested that the two countries should develop key new power relations through the key issues such as network security, exchange rate and military affairs, so as to guide the future direction of bilateral relations. < /p >
    Kurt Campbell, chairman and chief executive officer of Asia Group, also wrote in overseas media recently that due to the mutual distrust of maritime security issues and network security practices, the two countries have clearly identified the key areas that can be launched in the field of "a href=" http://www.91se91.com/news/index_c.asp "cooperation" < /a >. These areas include the building, development, energy security and disaster relief of military mutual trust, and so on. P < /p >
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