2010年10月25日星期一

China opposes the limit checking account remaining sum

According to the overseas media reported that China indicated explicitly, will not accept the G20 summit to publish request various countries to accept the checking account remaining sum limit, or any other form monetary policy stipulation bulletin. Friday started two day-long conference from 20 industrial nation's financial officer, and estimated that will issue a statement in Saturday.

The US proposed that occupies GDP for the checking account earnings or the deficit the proportion to set up a 4% goal, this as if aims at China's trade surplus to propose.

US Minister Gaertner in letter indicated to Treasury Secretary G20 in a national that the G20 country should avoid adopting is for the purpose of winning the competitive advantage the monetary policy. the China official has not offered criticism publicly on Gaertner's proposition.

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