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Analysis of the financial crisis on the impact of the RMB exchange rate regime-毕业论文翻译_0

Analysis of the financial crisis on the impact of the RMB exchange rate regime-毕业论文翻译_0
Analysis of the financial crisis on the impact of the RMB exchange rate regime-毕业论文翻译_0

Analysis of the financial crisis on the impact of the RMB exchange rate regime

First, the external financial crisis will exacerbate the blame on the RMB exchange rate system By the financial crisis, trade protectionism has begun to show the U.S. Treasury Secretary-designate Geithner, during his tenure in China has been accused of manipulating the RMB exchange rate, which the Bush administration refused to identify China as a currency manipulator significantly different attitude, but the main purpose of the current U.S. is to quickly get out of financial crisis, out of economic recession, and the RMB exchange rate arrangements in general help the U.S. achieve this objective, at least not contrary to this purpose, therefore, the new U.S. government in a crisis should not RMB exchange rate regime to take substantive action against, the real economy out of recession from the point of view, the sharp appreciation of the yuan to narrow the U.S. trade deficit with no real impact. the current Sino-US trade balance, represented by the global economic imbalances, rooted in the United States greater savings gap (lack of

savings), and including our emerging market economies in East Asia have a large investment gap (savings glut). From the perspective of the global economic balance, with higher savings rates in emerging market economies in East Asia are collectively forced to lower the savings rate to maintain the balance of trade relations between the United States. Obviously, this structural imbalance is rooted in the global economy imbalance, even if the yuan to appreciate to the sharp decline in China’s trade surplus with the U.S. level view of the U.S. savings rate is difficult to improve in the short term, the deficit would still exist, but in other countries into deficit only. 1970s Since the late U.S. trade deficit and there has been intensified, but its trade surplus in turn by the rival country into Japan ‘Asian Tigers’, ‘Asian tigers’, and then into China only.

Out of financial crisis from the perspective of the yuan to appreciate is not the American way of resolving financial crises. Recently, the Western academia circulating a ‘troubles Tungyin’fallacy, the RMB exchange rate regime is about the U.S. subprime

mortgage crisis with a direct link. That China’s undervalued currency is the main cause of the U.S. trade surplus, China will have accumulated large foreign exchange reserves invested in U.S. Treasury bonds, which lowered the long-term U.S. interest rates, and thus low interest rates to stimulate the U.S. financial innovation and financial institutions to take excessive risks, and ultimately led to the subprime mortgage crisis. Many facts show that financial development and a mismatch between risk perception is the root cause of the current financial crisis. Since the 1990s, the United States, financial innovation and the deepening of financial development, although the financial risk perception has improved during the same period, but lagged behind the needs of practice.’s financial development and risk perception does not match the greatly reduced the effectiveness of existing arrangements for financial stability, financial institutions, internal control, market discipline and efficiency of financial supervision are closely associated with this decline. From a perspective, with the inevitability of the subprime mortgage crisis, it is not necessarily linked exchange rate system.

In fact, the RMB exchange rate to maintain the existing system, including economic models, including the United States, the United States is beneficial to resolve financial crisis. Currently, the U.S. government in the real economy and financial sector while taking action to resolve the crisis in the real economy, the United States mainly through expansionary fiscal policy to stabilize economic growth; in the financial sector, major U.S. financial institutions through the assistance, the acquisition of toxic assets of financial institutions, providing liquidity to the market three ways to stabilize the financial system solution to resolve the crisis in the United States takes a lot of money This forced the U.S. government had a large number of bonds issued in the U.S. demand for government bonds, foreign investors, holds an important position .2008, net issuance of U.S. government bonds $ 1.47 trillion, of which foreign investors bought $ 772 billion. in mode of economic exchanges between the United States in RMB ‘soft’ peg to the dollar, China’s large trade surplus with the United States and China to keep hold large amounts of U.S.

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恰恰相反,非常刺激。 https://www.wendangku.net/doc/3a2539124.html, But onthecontrary, lazy. 却恰恰相反,懒洋洋的。 https://www.wendangku.net/doc/3a2539124.html, Onthecontrary, I hate it! 恰恰相反,我不喜欢! https://www.wendangku.net/doc/3a2539124.html, Onthecontrary, the club gathers every month. 相反,俱乐部每个月都聚会。 https://www.wendangku.net/doc/3a2539124.html, Onthecontrary, I'm going to work harder. 我反而将更努力工作。 https://www.wendangku.net/doc/3a2539124.html, Onthecontrary, his demeanor is easy and nonchalant. 相反,他的举止轻松而无动于衷。 https://www.wendangku.net/doc/3a2539124.html, Too much nutrition onthecontrary can not be absorbed through skin. 太过营养了反而皮肤吸收不了. https://www.wendangku.net/doc/3a2539124.html, Onthecontrary, I would wish for it no other way. 正相反,我正希望这样 Provided by jukuu Onthecontrary most likely pathological. 反之很有可能是病理性的。 https://www.wendangku.net/doc/3a2539124.html, Onthecontrary, it will appear clumsy. 反之,就会显得粗笨。 https://www.wendangku.net/doc/3a2539124.html,

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base on的例句

意见应以事实为根据. 3 来自辞典例句 192. The bombers swooped ( down ) onthe air base. 轰炸机 突袭 空军基地. 来自辞典例句 193. He mounted their engines on a rubber base. 他把他们的发动机装在一个橡胶垫座上. 14 来自辞典例句 194. The column stands on a narrow base. 柱子竖立在狭窄的地基上. 14 来自辞典例句 195. When one stretched it, it looked like grey flakes on the carvas base. 你要是把它摊直, 看上去就象好一些灰色的粉片落在帆布底子上. 18 来自辞典例句 196. Economic growth and human well - being depend on the natural resource base that supports all living systems. 经济增长和人类的福利依赖于支持所有生命系统的自然资源. 12 1 来自辞典例句 197. The base was just a smudge onthe untouched hundred - mile coast of Manila Bay. 那基地只是马尼拉湾一百英里长安然无恙的海岸线上一个硝烟滚滚的污点. 6 来自辞典例句 198. You can't base an operation on the presumption that miracles are going to happen. 你不能把行动计划建筑在可能出现奇迹的假想基础上.

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(完整版)主谓造句

主语+谓语 1. 理解主谓结构 1) The students arrived. The students arrived at the park. 2) They are listening. They are listening to the music. 3) The disaster happened. 2.体会状语的位置 1) Tom always works hard. 2) Sometimes I go to the park at weekends.. 3) The girl cries very often. 4) We seldom come here. The disaster happened to the poor family. 3. 多个状语的排列次序 1) He works. 2) He works hard. 3) He always works hard. 4) He always works hard in the company. 5) He always works hard in the company recently. 6) He always works hard in the company recently because he wants to get promoted. 4. 写作常用不及物动词 1. ache My head aches. I’m aching all over. 2. agree agree with sb. about sth. agree to do sth. 3. apologize to sb. for sth. 4. appear (at the meeting, on the screen) 5. arrive at / in 6. belong to 7. chat with sb. about sth. 8. come (to …) 9. cry 10. dance 11. depend on /upon 12. die 13. fall 14. go to … 15. graduate from 16. … happen 17. laugh 18. listen to... 19. live 20. rise 21. sit 22. smile 23. swim 24. stay (at home / in a hotel) 25. work 26. wait for 汉译英: 1.昨天我去了电影院。 2.我能用英语跟外国人自由交谈。 3.晚上7点我们到达了机场。 4.暑假就要到了。 5.现在很多老人独自居住。 6.老师同意了。 7.刚才发生了一场车祸。 8.课上我们应该认真听讲。9. 我们的态度很重要。 10. 能否成功取决于你的态度。 11. 能取得多大进步取决于你付出多少努力。 12. 这个木桶能盛多少水取决于最短的一块板子的长度。

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