China weary of US threat on RMB exchange rate

时间：2007-03-30 06:47:01

（单词翻译:单击）

Mar1.30 - China Thursday urged the United States to strengthen communications with China on the issue of RMB exchange rate instead of exerting pressure on China.

 

Foreign Ministry2 spokesman Qin Gang told a routine press conference China has always adopted an independent and highly responsible attitude toward the RMB exchange rate issue.

 

"We maintain a reasonable level of foreign exchange rate, and take a policy that fits with China's economic and social situation,” said Qin, while commenting on a question that two U.S. senators have blamed the low RMB exchange rate for the U.S.'s trade deficit3 with China.

 

China has launched a managed floating exchange rate mechanism4 based on market supply and demand and adjusting with reference to a basket of currencies since July 21, 2005, said Qin.

 

"It is unfair and unreasonable5 to put the blame for the U.S. economic problems entirely6 on China," Qin said.

 

"We can't understand why someone in a country self-claimed of market economy and free trade could impose mandatory7 economy on other countries?" Qin added.

 

He reaffirmed that China will continue the reform of RMB exchange rate mechanism so that the RMB exchange rate will float at a reasonable level.

 

"It is in line with both the interests of China and the world.” said Qin.

 
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1 mar f7Kzq     
vt.破坏，毁坏，弄糟
参考例句：
  • It was not the custom for elderly people to mar the picnics with their presence.大人们照例不参加这样的野餐以免扫兴。
  • Such a marriage might mar your career.这样的婚姻说不定会毁了你的一生。
2 ministry kD5x2     
n.(政府的)部；牧师
参考例句：
  • They sent a deputation to the ministry to complain.他们派了一个代表团到部里投诉。
  • We probed the Air Ministry statements.我们调查了空军部的记录。
3 deficit tmAzu     
n.亏空，亏损；赤字，逆差
参考例句：
  • The directors have reported a deficit of 2.5 million dollars.董事们报告赤字为250万美元。
  • We have a great deficit this year.我们今年有很大亏损。
4 mechanism zCWxr     
n.机械装置；机构，结构
参考例句：
  • The bones and muscles are parts of the mechanism of the body.骨骼和肌肉是人体的组成部件。
  • The mechanism of the machine is very complicated.这台机器的结构是非常复杂的。
5 unreasonable tjLwm     
adj.不讲道理的，不合情理的，过度的
参考例句：
  • I know that they made the most unreasonable demands on you.我知道他们对你提出了最不合理的要求。
  • They spend an unreasonable amount of money on clothes.他们花在衣服上的钱太多了。
6 entirely entirely     
ad.全部地，完整地；完全地，彻底地
参考例句：
  • The fire was entirely caused by their neglect of duty. 那场火灾完全是由于他们失职而引起的。
  • His life was entirely given up to the educational work. 他的一生统统献给了教育工作。
7 mandatory BjTyz     
adj.命令的；强制的；义务的；n.受托者
参考例句：
  • It's mandatory to pay taxes.缴税是义务性的。
  • There is no mandatory paid annual leave in the U.S.美国没有强制带薪年假。

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