G20 summit in June in Canada trying to take advantage pressure on China to revalue yu

[hailukong]

Canadian Finance Minister 23, openly declared that the RMB exchange rate issue will be the G20 summit in June this year, the discussion, this statement makes Canada the first one to openly support the United States put pressure on the yuan country. Canada on the world stage there is no obvious influence, there are Internet users, just as, ironically, "the mosquito would like to indecent assault elephant", but since Canada is the host of this year's G20 summit, so there is some agenda-setting initiative, the Canadian media quoted North America observation as saying, G20 summit that may arise in the world combined to put pressure on the yuan scene. China's RMB exchange rate will be regarded as internal affairs, if the G20 summit is certainly a bitter isolation. Yuan Peng, China's international scholars from 24 pairs of "Global Times" said, "China's G20 summit is unlikely to be isolated." He believes that government officials are now publicly pressure the yuan to appreciate the sound only in the two countries in North America, Europe , Latin America, the Middle East and Asia where the Chinese are peaceful, Canada's impulse G20 summit will certainly increase the risk of failure.

As with "Mosquito want to indecent assault elephant"

Canada's foreign policy in the United States is often perceived as the shadow, but the 23 Canadian Finance Minister Flaherty's speech on the RMB exchange rate looks as if to flex its muscles. The "Globe and Mail" 24 said the most serious global recession in 2009, when, G20 announced to replace the G7 as global economic policy-making of the main platform, which is a "historic changes" in Canada at a "special place" Not only does it to host a G20 summit in June this year, will host this year's G7 summit.

According to the Canadian Broadcasting Corporation CBC reports, Flaherty said Canada will be held at the June meeting of the G20 put pressure on China to urge China to let the yuan appreciate. In the G20 ministerial meeting before the summit, the RMB exchange rate issue will be on the table. Flaherty said that the RMB exchange rate is undervalued lead to "a major international trade imbalances," and this issue is essential to the global economy, should not continue to evade go. CTV television said Flaherty's remarks indicate that some industrialized countries to start betting in the United States stand in a dispute. Reported that in G20 in such venues as the topic of controversy stirred up so difficult, perhaps "dangerous". Perhaps out of a balance considerations, Flaherty said that China's concern at the G20 summit must also be considered, such as should "unswervingly opposes trade protectionism."

This year, two G20 summit, Canada hosted the June summit with South Korean summit held in November. Disputes with the Canada-US exchange rate clearly stand in different, careful calculation of the Republic of Korea. South Korea's "Central Daily" 16, said that if the South Korea-US dispute over the exchange rate to come to "sit back and reap the profits," the idea that the equivalent of South Korea does not get rid of "the nature of a small country", "no great country's future," should strive to use "consensus Seoul "Resolution of Sino-US dispute over the exchange rate, but not one-sided pressure on China. Another six days after the newspaper article said that if the points of friction in Sino-US trade disputes that can not hurry the end of November's G20 summit in South Korea may be difficult to hold properly.

Reuters Canadian branch of the article said that Flaherty's remarks that China's RMB exchange rate will bear the increasing international pressure. German "Euro" magazine on the 24th, said the appreciation of the RMB exchange rate is not a "hard stone", G20 meeting on the controversy in countries China is likely to make action. 23, the Reuters news agency quoted "G20 officials" as saying that, in the June summit in November even before the meeting, G20 may not be a clear statement on foreign exchange rates. Reported that the official who requested anonymity, said: "China will be strongly defended. They can not be regarded as being forced to lose face." Canada's CBC Web site, Internet users Strathcona123 wrote, Flaherty to pressure the Chinese people appreciation of the yuan. It looks ridiculous, like mosquitoes like to indecent assault elephant. Dreaming. Do not forget, our Prime Minister took the first four years, did not even visit, and the Chinese did not care.

China would be isolated and do

Sino-US disputes would be referred to the yuan exchange rate G20, Australian Trade Minister Crean has also raised a few days ago, but did not made it clear that putting pressure on China. China Institute of Contemporary International Relations Yuan Peng, director of American Studies 24 pairs of "Global Times" said, G20 meeting, the Chinese will not be isolated, the position of the European Union and the United States is different, G20 is not a G7, the Western countries have the final say , it needs to fully consider the position of emerging countries, while developing countries do not stand on the RMB exchange rate issue, or speculation. Yuan Peng, last year's G20 summit on the yuan issue is not the theme of the yuan at the world summit on the topic is detrimental to China, China should set the agenda of the meeting and so argue.

"The Globe and Mail" 24 said Flaherty's remarks may not comply with some G20 members of the mind, there are indications that many G20 members would like the summit in June set aside the thorny issue of the RMB exchange rate to ensure the G20 In a unified position on the issue of economic recovery.

On the same day, Reuters reported that Latin American countries, the attitude of the RMB exchange rate. The article said this week in Mexico at the Inter-American Development Bank meeting yuan this sensitive problem of different views, or simply avoid, even though the United States is brewing to take a more aggressive stance. The article said that a representative of Canada said his country's currency manipulation of "views", and his assistants huddled to reporters emphasized the complexity of the issue. However, China's export commodities to the country's officials, such as the world's second largest producer of copper in Peru have played down the country. Peru's Finance Minister Araoz said, "Our policy, largely coordinated with Asia, especially China, China is a very important business partner, we must strive to reduce exchange rate risk."

Britain's "Financial Times" wrote on the 23rd, the European officials to support Washington's point of view, but they refuse to discuss exchange rate issues, so as not to undermine the broader relationship. The European response to exercise restraint, for two main reasons: First, despite the rising trade deficit with China, but Europe is far from the United States as a huge deficit; second is the relationship between Europe and China, unlike the United States and as full of geo-political competition. In Russia, most newspapers reported the dispute in Sino-US exchange rate when they think the United States there is political considerations. 22, a Russian newspaper said hundreds of cheap yuan has made the United States, Japan, South Korea, Russia and other countries, benefit the company. The International Monetary Fund said that 20 percent appreciation of yuan would increase U.S. GDP by one percentage point. However, it should do this upside down?

Russia Infox news commentator Nuoweikefu 24 pairs of "Global Times" said that the international financial crocodiles has been trying to attack China's financial, but did not enter the Chinese market to their chess game, so they grasp only the periphery, the yuan exchange rate problem for them is a breakthrough. Canada would certainly have more content behind it, is not just a specific idea of what the Government, but the Commonwealth of the big banks, big financiers plan. Nuoweikefu said that after the disintegration of the Soviet Union, the financial market liberalization, and the exchange rate so that the international bankers are satisfied, but Russia has endured untold suffering and loss, so that the Russian people difficult to bear. This is not far away, it occurred 20 years ago. Nuoweikefu said, G20 is not a G7, China's influence in the G20 certainly higher than in Canada, why China did not take the initiative to cloth their Board

hailukong Reviewed by hailukong on 03-29-2010. G20 summit in June in Canada trying to take advantage pressure on China to revalue yu Canadian Finance Minister 23, openly declared that the RMB exchange rate issue will be the G20 summit in June this year, the discussion, this statement makes Canada the first one to openly support the United States put pressure on the yuan country. Canada on the world stage there is no obvious influence, there are Internet users, just as, ironically, "the mosquito would like to indecent assault elephant", but since Canada is the host of this year's G20 summit, so there is some agenda-setting Rating: 5

[drumbum420]

you really need to have someone that speaks and writes english fluently proofread your documents before posting them to the english speaking world as I had to quit reading due to the terrible useage....i couldnt understand what the heck your saying....sorry.

[Islandborn]

China's extremely secretive govt. has been hiding their coming financial disaster for some time.....the other nations just plan on speeding that up. Its the name of the game.