Tuesday, February 15, 2011

transfer the domestic public attention

Us Treasury has decided to postpone the release of international economy and exchange rate policy report, china-us two economies temporarily be avoided on the currency issue "showdown", but make the recent strained china-us economic relations in ease of machine. At this moment, whether Obama government, or American congressmen, more needs to show politician bosom, knowledgeable and courage, boycott on the currency issue manipulating opinion to obtain political support "temptation", make the sino-us exchange rate for the rational regression.

Over the past two months, sino-us exchange rate for sharp upgrading, basic reason is that the U.S. congressional midterm election draws near, American minority politicians again the RMB exchange rate politicized, cause sino-us exchange rate toferraris looming "irrational" colour. On November 2, the United States congress the upcoming mid-term elections, house of four hundred thirty-five seats all faces re-election, 100 seats in the senate had 37 seats facing re-election. Meanwhile, will also hold some local elections. Should say, 2010 is second only to the United States "disputed presidential election. A worrying the reality is that some American politicians try to RMB exchange rate as a "scapegoat",and from "beating China" from winning voters to support.

But the United States must realize, china-u.s. Relations in the 21st century boasts one of the most important bilateral relationships, the United States such as allow domestic political factor often interference sino-us relations, will be desperate lift. Because every time a sino-us friction upgrade, can cause miscarriage, deepen the misunderstanding. Just like friends quarrel, bickering, even if be reconciled at that time, but later fight damage which will remain forever scar.

The Treasury said will in mid-november G20 (G20 summit) Seoul and leaders of APEC yokohama, Japan informal meeting again after the release of international economic and exchange rate policy report. Considering the americas mid-term elections has passed, America's domestic political climate change may slightly, it should be said that the us Treasury move in a certain extent unleashed positive signals.

Borrowed by the Treasury Department delayed issuing the international economy and exchange rate policy report of the machine, the United States is definitely necessary to calm down to carefully judge situation, make the sino-us relations regression rational. Clear the three is necessary:

First, although in recent years, the u.s.-china economic relationship ups and downs, friction, dispute continuously, but anyway, the United States as the world's second largest economy, China as the world's second largest or third-biggest economy, between both parties are always "close is noble, dou is two hurt". The u.s.-china economic relationship of important, no matter how emphasized, too much. Especially in the current world economic recovery momentum is still very weak and the new economic and financial risks appear ceaselessly big background, a rational sino-us relations of the two countries, and not only for the world economy are of great significance.

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