. Welcome to Xiping's blogs! 歡迎光臨 Xiping 的博客!....................... 博客生活,携手同行!Let's Support each other! Thanks!

Saturday, May 21, 2005

Chinese RMB is getting stronger

Oh, has been talking for a long time!!!!!!!Is it real this time.

Tuesday, May 17, 2005

U.S. Warns China on Currency Policies and Hints at Retaliation

"The Bush administration warned China today that its currency policies were "highly distortionary" to world trade and implicitly threatened to retaliate if Chinese leaders did not change course within the next year.

But even before the Bush administration issued its warning today, Chinese leaders had already warned on Monday that currency policy was a "sovereign" issue and that they would not be pushed into decisions by other governments."

Wednesday, May 04, 2005

Sell 80 million shirts for an Airbus 380

The Chinese Minister of Commerce, Bo Xilai said in Paris: "... Sell 80 million shirts for an Airbus 380 ... ". It is the same for an Boeing 747. The Chinese got a very small margin of profits. That's how China engages international trading.