China is not manipulating its currency: US Treasury

时间：2007-06-14 08:25:15

（单词翻译:单击）

June 14 - China is not intentionally1 manipulating its currency to gain an unfair trade advantage, U.S. Treasury2 Department said Wednesday.

 

"China did not meet the technical requirements for designation” as a currency manipulator, the department said in a semiannual currency report.

 

The report said that U.S. officials were "unable to determine" if the exchange rate policies were "carried out for the purpose of preventing effective balance of payments adjustment or gaining unfair competitive advantage in international trade."

 

"China has achieved exceptionally rapid growth," said the report to Congress on exchange-rate policies of key trade partners.

 

However, "its growth has become severely3 unbalanced -- dependent on exports and investment and characterized by very high savings4, weak consumption, and an inflexible5 exchange rate," the report said.

 

The report said that China should not hesitate any longer to take far more vigorous action to rebalance its economy, promote immediate6 yuan movement to tackle "the currency's undervaluation," and achieve far greater flexibility7 in the exchange rate regime.

 


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1 intentionally 7qOzFn     
ad.故意地，有意地
参考例句：
  • I didn't say it intentionally. 我是无心说的。
  • The local authority ruled that he had made himself intentionally homeless and was therefore not entitled to be rehoused. 当地政府裁定他是有意居无定所，因此没有资格再获得提供住房。
2 treasury 7GeyP     
n.宝库；国库，金库；文库
参考例句：
  • The Treasury was opposed in principle to the proposals.财政部原则上反对这些提案。
  • This book is a treasury of useful information.这本书是有价值的信息宝库。
3 severely SiCzmk     
adv.严格地；严厉地；非常恶劣地
参考例句：
  • He was severely criticized and removed from his post.他受到了严厉的批评并且被撤了职。
  • He is severely put down for his careless work.他因工作上的粗心大意而受到了严厉的批评。
4 savings ZjbzGu     
n.存款，储蓄
参考例句：
  • I can't afford the vacation,for it would eat up my savings.我度不起假，那样会把我的积蓄用光的。
  • By this time he had used up all his savings.到这时，他的存款已全部用完。
5 inflexible xbZz7     
adj.不可改变的，不受影响的，不屈服的
参考例句：
  • Charles was a man of settled habits and inflexible routine.查尔斯是一个恪守习惯、生活规律不容打乱的人。
  • The new plastic is completely inflexible.这种新塑料是完全不可弯曲的。
6 immediate aapxh     
adj.立即的；直接的，最接近的；紧靠的
参考例句：
  • His immediate neighbours felt it their duty to call.他的近邻认为他们有责任去拜访。
  • We declared ourselves for the immediate convocation of the meeting.我们主张立即召开这个会议。
7 flexibility vjPxb     
n.柔韧性，弹性，（光的）折射性，灵活性
参考例句：
  • Her great strength lies in her flexibility.她的优势在于她灵活变通。
  • The flexibility of a man's muscles will lessen as he becomes old.人老了肌肉的柔韧性将降低。

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