亚洲精品无播放在线播放,精品国精品自拍自在线,免费国产污网站在线观看不要卡,97色欧美视频在线观看,久久精品本无码一本,国产精品高清视亚洲一区二区,全部无码特级毛片免费播放

Videos ? Latest ? Feature ? Sports ? Your Videos
 

US debt woes highlight risks for China

0 Comment(s)Print E-mail CNTV, August 3, 2011
Adjust font size:

 

Many analysts believe there is still much to worry about, even if the agreement passes as expected. China, as the US's biggest creditor, has the most at stake. Many experts say the US debt compromise removes the short-term risk, but the whole crisis reveals some fundamental long term problems for those countries bankrolling the US economy.

China currently holds the world's biggest foreign exchange reserves, with about two-thirds of it held in US dollars. From June 2010 to May 2011, China's holdings of US treasury bills increased by 47.7 billion US dollars.

Experts believe, the main impact on China lies in the import and export sectors which are closely related to the Reminbi's exchange rate against the dollar.

Chen Gong, chief analyst of Beijing Anbound Information Company, said, "If the two parties haven't reached the agreement, the consequences may be devastating to both US and Chinese economy. Now if the agreement is finally approved, it removes short-term risks for China, but reveals some long-term risks to its holdings of U.S Treasures "

The debate over the debt ceiling shows that in the long run, US political parties may choose to ignore the interests of creditors in favor of domestic political considerations. Experts say, raising the debt ceiling is just a temporary solution. They argue that to better adjust and protect China's own benefit, it should invest more on the real economy.

Chen Gong said, "Some say that China should reduce the concentration of U.S. dollar assets, while I don't think the problem is that simple. China enjoys a vast resources brought by the global market, and at the same time storm the risks as well. In order to stand still in the economic unrest, China should spend more money on the real economy like minerals and energy sectors."

Experts say it's necessary for China to change the current concentration of US dollar assets, and more importantly, to change the trend of increasing holdings of dollar assets in the future. This would require a fundamental adjustment in the economic growth model.

 

Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
  • <th id="fomfv"></th><noscript id="fomfv"></noscript>

    <fieldset id="fomfv"><font id="fomfv"></font></fieldset><sup id="fomfv"><menuitem id="fomfv"></menuitem></sup>

    1. <dfn id="fomfv"></dfn>
        1. 亚洲精品无播放在线播放,精品国精品自拍自在线,免费国产污网站在线观看不要卡,97色欧美视频在线观看,久久精品本无码一本,国产精品高清视亚洲一区二区,全部无码特级毛片免费播放 毛片无码免费无码播放 国产精品美女乱子伦高潮 久久男人av资源网站无码 亚洲精品中文字幕AV一本 国产成年无码V片在线 特级毛片直接看不用下载 亚洲深夜无码视频