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Standard ugg Chartered Bank-China's economic analysis shili reporter said yesterday on the opening of the hearing means that a new trade protectionism risk is rising. If the American public hearings on the Renminbi exchange rate manipulation of the Bill was passed by the u.s. Congress will immediately calculate the exchange rate of RMB to be underestimated, if this value is published, then u.s. Steel's sure will announce their interest, because China's exchange rate on the local enterprise are subsidies, and the u.s. Department of Commerce will be involved in the investigation. American businesses may think that because all of the Chinese export commodities can benefit from the RMB exchange rate, the US is likely to be on all of China's imports of goods, and RMB underestimate tariffs will protest against China's trade protectionism in the United States, and possible penalties related u.s. companies in China, then to the WTO. Therefore, once the RMB exchange rate u.s. hearings be manipulated by the Bill was passed, the Sino-US relations will be unpredictable. Us resulting in trade disputes between at least two to three years may be into solving agenda. If the Bill UGG Classic Crochet Boots 5833 failed to pass the crisis? Li Wei analysis said that, if this Act had not passed, the more reasons that the United States has reached RMB within range of a consensus, consensus on both sides. Otherwise, even if this Act had not passed, there will be the next Congressional hearings may not always have to veto this Bill. China on the eve of the hearings in the United States also highlighted the Sino-US trade relations. It is understood that, in recent years, trade between China and the United States, the United States to China's exports is actually a substantial growth. 1 July this year, the u.s.-China's exports increased by 36%, higher than the Chinese exports to the United States by 15 percentage points. Yao said, in the United States, the share of exports, China's market share is now ranked third and now the third largest trading uggs boots partner. |
