久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

   

Expert: China should limit pace of yuan rise

(Reuters)
Updated: 2007-06-11 14:50

China should contain the pace of yuan appreciation within a bearable range because a big rise would aggravate the country's overcapacity problem, a prominent economist said in comments published on Monday.

The yuan has now gained a further 5.7 percent since it was revalued by 2.1 percent and freed from a dollar peg to float within managed bands in July 2005.

Special coverage:
Chinese Economy

Related readings:
 Stop pressuring China to revalue yuan - AmCham
Yuan hits new high against US dollar
Sharp rise of yuan may cost millions of jobs

Last month, authorities widened the yuan's daily trading band against the dollar to up or down 0.5 percent from its morning mid-point, compared with 0.3 percent before.

But a big rise in the currency would reduce the country's exports and subsequently worsen overcapacity in exporting sectors, Justin Lin, a professor with Peking University, wrote in People's Daily.

Moreover, an increase in imports resulting from a stronger yuan would displace some domestic products, exacerbating the problem of excess production in those sectors, Lin said.

That would push some domestic manufacturers into bankruptcy and risk fanning economic and financial crisis, he added.

"In developing countries with rapid growth, the government should send clear-cut signals to the market to create stable expectations about currency appreciation and keep the scale of strengthening within a bearable range," Lin said.

Lin did not spell out how much of an annual rise would be appropriate, but he has said in the past that a pace of 3 to 5 percent a year was suitable.

His comments came even as the yuan fell sharply against the dollar on Monday, extending last week's slide and erasing gains from a rally that preceded Sino-U.S. trade talks in May, as the central bank applies the brakes to the currency's ascent.

Lin also said the government should step up its macroeconomic controls by employing a mix of tools, including industrial and fiscal measures, to steer the economy into safe waters.

Monetary policy alone is not enough because the central bank is now facing a dilemma in moving in interest rates, Lin said.

Increasing lending and deposit rates by the same margin would dampen consumption, while raising the lending rate by more than the deposit rate would give banks greater incentive to lend, he wrote.

China has raised benchmark interest rates four times since April 2006 and increased the proportion of deposits banks have to hold in reserve on eight occasions in the past year.


(For more biz stories, please visit Industry Updates)



久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

    亚洲欧洲性图库| 秋霞电影一区二区| 欧美日韩综合不卡| 日本免费新一区视频| 欧美精品一区二区三| 高清在线不卡av| 樱花影视一区二区| 91精品在线麻豆| 国产ts人妖一区二区| 国产精品系列在线播放| 国产精品网站在线| 欧美午夜一区二区三区免费大片| 免费美女久久99| 欧美激情在线一区二区三区| 色婷婷综合久久久久中文| 日韩极品在线观看| 中文字幕精品一区 | 成人动漫av在线| 亚洲国产欧美另类丝袜| 精品国产伦理网| 色综合久久综合中文综合网| 男女激情视频一区| 国产精品久久久久久久久久久免费看 | 欧美乱妇15p| 国产成人免费高清| 亚洲国产日韩在线一区模特| 久久综合色8888| 91传媒视频在线播放| 狠狠网亚洲精品| 一区二区三区欧美激情| 久久尤物电影视频在线观看| 在线看日本不卡| 国产精品中文字幕日韩精品 | 美女视频黄a大片欧美| 国产精品国产三级国产普通话三级| 欧美色窝79yyyycom| 国产精品亚洲一区二区三区在线 | 亚洲午夜在线视频| 国产喷白浆一区二区三区| 欧美日韩国产片| www.综合网.com| 免费xxxx性欧美18vr| 亚洲欧美综合在线精品| 精品少妇一区二区三区日产乱码| 色偷偷久久人人79超碰人人澡| 狠狠色狠狠色综合系列| 亚洲已满18点击进入久久| 国产亚洲精品中文字幕| 717成人午夜免费福利电影| 99久久er热在这里只有精品15| 久久99久久久久久久久久久| 亚洲一区在线免费观看| 国产精品毛片久久久久久| 日韩一区国产二区欧美三区| 91久久精品一区二区三| 东方欧美亚洲色图在线| 久久精品国产成人一区二区三区 | 亚洲国产成人porn| 中文字幕一区二区三区蜜月| 精品成人一区二区三区| 777亚洲妇女| 在线观看免费亚洲| www.久久精品| 国产成人精品亚洲日本在线桃色 | 在线电影国产精品| 在线视频观看一区| 9i看片成人免费高清| 国产精品123区| 精品亚洲成av人在线观看| 偷拍自拍另类欧美| 亚洲尤物视频在线| 亚洲老司机在线| 一区二区中文视频| 国产精品日产欧美久久久久| 久久人人97超碰com| 日韩免费在线观看| 欧美一区二区三区公司| 欧美放荡的少妇| 欧美美女黄视频| 欧美日韩久久不卡| 欧美日韩视频专区在线播放| 91福利小视频| 91成人免费网站| 在线影视一区二区三区| 色香色香欲天天天影视综合网| 成人蜜臀av电影| 丁香六月久久综合狠狠色| 国产成人丝袜美腿| 国产成人精品网址| 国v精品久久久网| 成人午夜视频福利| 成人福利视频网站| 99久久国产综合色|国产精品| 成人性生交大片免费看中文| 成人丝袜高跟foot| 不卡的av在线| 91首页免费视频| 91久久精品日日躁夜夜躁欧美| 色狠狠av一区二区三区| 在线这里只有精品| 欧美色电影在线| 制服丝袜国产精品| 日韩欧美国产系列| 久久女同精品一区二区| 国产欧美一区二区精品性色超碰| 欧美国产一区二区| 最新成人av在线| 亚洲综合视频网| 午夜电影网一区| 捆绑调教一区二区三区| 国产一区二三区好的| 高清不卡在线观看| 91亚洲精品一区二区乱码| 在线影视一区二区三区| 欧美军同video69gay| 日韩欧美综合一区| 久久久精品综合| 中文字幕日本乱码精品影院| 一区二区三区波多野结衣在线观看| 亚洲第一电影网| 久久国产精品99精品国产| 国产精品中文欧美| 91在线视频播放地址| 欧美日韩精品一区视频| 日韩欧美国产综合| 中文字幕精品在线不卡| 一区二区三区四区视频精品免费 | 本田岬高潮一区二区三区| 色视频成人在线观看免| 欧美老女人在线| 久久久久9999亚洲精品| 亚洲天堂网中文字| 丝袜美腿亚洲色图| 国产精品亚洲第一区在线暖暖韩国 | 亚洲电影你懂得| 久久97超碰国产精品超碰| 成人丝袜视频网| 欧美吞精做爰啪啪高潮| 欧美成人a∨高清免费观看| 欧美国产综合色视频| 亚洲一区二区三区四区五区中文| 蜜臀av性久久久久av蜜臀妖精| 国产成人av福利| 欧美三级中文字幕| 久久久午夜电影| 亚洲一区二区三区视频在线 | 日韩女优制服丝袜电影| 国产精品嫩草久久久久| 偷拍自拍另类欧美| 国产a精品视频| 欧美日韩国产色站一区二区三区| 久久这里只有精品首页| 一区二区三区波多野结衣在线观看 | 国产一区二区三区视频在线播放| 色哟哟亚洲精品| 精品久久久久久综合日本欧美| 亚洲欧洲日产国码二区| 欧美aaa在线| 91蜜桃在线观看| 欧美v国产在线一区二区三区| 亚洲色图欧美偷拍| 精品午夜久久福利影院| 在线观看国产91| 国产区在线观看成人精品| 婷婷激情综合网| 99久久亚洲一区二区三区青草| 日韩一区二区三区高清免费看看| 日韩一区欧美一区| 国产一区在线观看麻豆| 在线精品视频免费播放| 国产色综合一区| 日本午夜精品一区二区三区电影 | 国产精品久久看| 理论电影国产精品| 欧洲国产伦久久久久久久| 国产欧美精品区一区二区三区| 日本aⅴ免费视频一区二区三区| 99久久久久久99| 久久久精品国产免大香伊| 三级久久三级久久| 色哟哟日韩精品| 亚洲国产激情av| 九九精品视频在线看| 欧美色视频在线观看| 国产精品九色蝌蚪自拍| 国产一区二区三区免费观看| 91精品欧美福利在线观看| 亚洲综合在线第一页| 成人激情动漫在线观看| 久久综合色综合88| 奇米精品一区二区三区在线观看 | 豆国产96在线|亚洲| 日韩精品一区二区三区在线 | 中文字幕一区免费在线观看| 国产在线不卡一区| 日韩欧美成人一区二区| 五月综合激情婷婷六月色窝| 日本精品一区二区三区高清| 国产精品久久久久久久久晋中| 国产伦理精品不卡|