综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Global EditionASIA 中文雙語Fran?ais
Opinion
Home / Opinion / Editorials

US' change to currency tack will pay dividends for ties

China Daily | Updated: 2017-04-14 06:55
Share
Share - WeChat

US President Donald Trump attends a press conference at the White House in Washington DC, on April 12, 2017. [Photo/Xinhua]

US President Donald Trump's decision not to label China a currency manipulator is a positive step in the two sides' efforts to enhance bilateral cooperation. It provides further proof that China and the United States are warming to each other after the meeting between President Xi Jinping and Trump at Mar-a-Lago, Florida, on April 6-7.

On Wednesday, Trump backed away from his campaign promise that he will name China a currency manipulator as one of his first acts in office. The US Treasury Department also confirmed that its semi-annual report on currency practices of major trading partners, due out later this month, will refrain from doing so as well.

The US stance immediately won approval from Beijing, which said it will contribute to the healthy development of two-way trade and investment.

China has repeatedly denied the accusation that it is a currency manipulator, and in an interview with The Wall Street Journal on Wednesday, Trump agreed this is not the case, saying, "they (China) are not currency manipulators".

Such an objective, and justified, approach to the currency issue will certainly help maintain the good momentum that has been maneuvered in ties.

It is natural for China and the US to have differences on issues. But as long as the two sides act in good faith to resolve those differences through communication and consultation, their disagreements can be managed.

As Xi said in his meeting with Trump, China is willing to work together with the US to enhance high-level exchanges and dialogues and expand cooperation.

As far as bilateral trade is concerned, it has brought huge benefits to the two peoples as the two countries have become each other's top trading partner. In the first quarter, bilateral trade in goods registered a growth of 21.3 percent.

China has made it clear it does not pursue a trade surplus and it hoped the US would loosen restrictions on its exports to China. The two countries have decided to give themselves 100 days to discuss issues in trade, which shows the two sides are making concrete efforts to work together.

Both intrinsic factors and the external environment have contributed to frictions in bilateral trade. Putting the blame solely on one side and threatening punitive measures have only deepened the divide.

Accommodating each other's concerns and following the principles of mutual respect and mutual trust is the only way to usher in a win-win outcome.

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
贵定县| 枣庄市| 岱山县| 阿巴嘎旗| 大渡口区| 卢龙县| 彭泽县| 高阳县| 大渡口区| 通渭县| 广汉市| 建湖县| 长宁县| 襄汾县| 佛冈县| 科技| 长岛县| 广宗县| 蒙城县| 烟台市| 延安市| 额尔古纳市| 渭源县| 华亭县| 文山县| 麻城市| 常德市| 郧西县| 涟水县| 靖边县| 桐乡市| 石林| 武鸣县| 定西市| 昌图县| 临桂县| 黑河市| 长治县| 八宿县| 内乡县| 北安市|