United Kingdom dumbfounded: United States threaten the use of "heavy artillery" China threat big getaway "_ Loach Luo

On the surface, the Renminbi debate front seems to be clear, one side is the United States threatened, if not liberalization of RMB, it will use the exchange rate of "heavy artillery"; the other side is China a threat that, once opened, "United States", the "great getaway". In fact, the controversy in RMB and tactics, the two Governments of different departments and business point of view are not clear. This side from the United States, the Government's internal debate has fallen into a cookie-cutter: the Parliament calls for a radical action, while the Government recommends restraint. This weekend, the United States Treasury Department decided to postpone publication may highly explosive exchange rate policy reports, suffered a Senate Democratic heavyweights · Charles Schumer. Although the United States Government preferred to negotiate with the Beijing calm, but Schumer claims will resolutely pushing their own bills, to allow the Chinese imports imposed emergency duties, reflect the current status of RMB underestimated. From the perspective of a on the one hand, this may be the legislative institutions and administrative bodies in the health, taxes, expenses and other domestic issues of irritant on one of the common struggle. But on the other hand, this might be the one to sing sing red, a white face "old tactics: White House to legislative bodies against the threat to compel cooperation in Beijing. Requirements of the renminbi in United States manufacturing trade action coalition of Lloyd · Wood said: "if I was, I told Congress to continue to do so. It is difficult to imagine that the Chinese will take the initiative to take action. " Maybe this time was different, more than the House of representatives, Senate strongly requires legislative action, which does not comply with the Senate would be prudent. As for the United States industrial sectors, although it has been divided, but the industry representatives indicated that the current industry trend is supported by the appreciation of the Renminbi. United States Chamber of Commerce International Affairs supervisor Myron · Brie Caliente pointed out that "it is recognized that the importance of China has increased, it should play a responsible role in steering based on market exchange rate policy". Wood said that Wal-Mart and other large retail enterprises in the United States was clearly opposed to the appreciation of the Renminbi, since this improves their imported clothing and toys, but now opposition becomes small, because the wishes of the expansion of China gained the upper hand. Wood said: "the resistance from import enterprise is really eye-catching. disappear " In China, while many analysts believe that exchange rate policy reforms are implemented, but it must be representative of different viewpoints and forces of the Government departments of a compromise between. In fact, analysts believe, these departments have already submitted a proposal under the State Council, which made the final decision. In charge of the Affairs of the Ministry of Commerce-China trade, although the area is also responsible for import, it is typically against all possible causes of RMB and hurt their export business. Analysts also believe that Aaron's China national planning bodies — the national development and Reform Commission will use its veto to reject all cancelled $ RMB fixed policy initiatives. Although the DRC opposition to the idea of a floating exchange rate, but it is not absolutely opposed to implement a more flexible exchange rate policy. At the same time, by the leadership of the people's Bank of China, Zhou xiaochuan, Governor had to implement China on money market interventions in mass continues to conform to control inflation. On the issue of the RMB exchange rate, a number of multinational companies operating in China was contradictory, because they are the goods imported from China will be the impact of the appreciation of the Renminbi. In the United States Chamber of Commerce on Friday published research report of China's business environment, companies in the United States will be RMB as foreign enterprise in China's seventh largest risk. Any decision on the exchange rate, in addition to exposing the Washington and Beijing differences, will also be revealed "warring sides internal differences between the various levels. Incredible! 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