國際貿(mào)易外文翻譯--人民幣交易的復(fù)雜關(guān)系(文件)
【正文】 might expect the . trade deficit with China to have contracted more than America39。s little question that the yuan39。s Complicated Ties To Realtime Report . October 1st 2020. IMF Sees Yuan As Undervalued Despite China39。s longdelayed review of the Chinese economy found that the yuan is 39。s executive board debated the China report on Monday, though none of the countries pushed China to boost its currency quickly. In China, the central bank had been explaining to the public how a flexible exchange rate can help the economy by alleviating inflation pressures and improving the effectiveness of moary policy. On Monday, before the IMF39。s de facto peg against the . dollar, a change that was vocally opposed by Chinese exporters and some other interest groups. Her ments echoed arguments made by IMF and other global institutions, but were unusual ing from a Chinese official. This kind of openness is very rare, said Ken Peng, an economist at Citigroup. The tone of Hu39。s Monday deliberations over the next few weeks. The full IMF analysis would likely be published in September unless China withholds its permission. IMF members are entitled to block publication of IMF reviews, though most allow publication. The . has been pressing Beijing to permit publication. China hadn39。s China desk, said a draft of the IMF staff report he had seen noted positively Beijing39。 was needed to reduce the undervaluation, Mr. Prasad said. Brazil largely backed the Chinese position on the currentaccount question, say several individuals.“Chinese officials said, they have done what they needed to do and the rest of the world should give them room to act,” he said. Another individual familiar with the deliberations said the report39。s website, she focused on the dangers of inflation. That is familiar territory for any central banker, but Ms. Hu turned up the rhetorical heat by quoting legendary freemarket economist Milton Friedman39。s top political leadership. RESOURCE: Bob Davis, Arron Back. IMF Sees Yuan As Wall Street Journal. July 27th 2020. 。s situation, those who suffer greatest from inflation are the lowine masses, especially China39。t changed significantly from the draft. 5 In Ms. Hu39。s currentaccount surplus had fallen in recent months, which could be an indication that the currency is properly valued. But the IMF forecast that the change in the surplus was only temporary, a determination it had made in April as well. 39。s policy of pegging the yuan tightly to the dollar, a policy that China put in place in 2020. The . and Europethe IMF39。s unclear whether the IMF39。s Bank of China, made her third statement in less than two 4 weeks addressing the re
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