G20 outbreak of US-European differences in the United States put pressure on China's shift the focus from the European Union.

<P> European economic and financial crisis - the economic claims, will become the focal point of Toronto G20 summit, the United States at the meeting of the key focus and pressure will also be directed against China and turn against the EU. .</ P> <P> RMB exchange rate issue is not the focus </ P> <P> Group of Twenty (G20) summit meeting will be the fourth time June 26 to 27 major cities in Canada, the first being held in Toronto .International, local media and observers once thought that the RMB exchange rate issue will be the focus of the summit debate. .</ P> <P> but the June 19 People's Bank of China announced "further promote the reform of RMB exchange rate formation mechanism, strengthen the RMB exchange rate flexibility," the decision, the RMB appreciation against the U.S. dollar to regain the pace. .22, 1 U.S. dollar psychological barrier of 6.80 yuan a breakthrough, but also the highest since July 2005 the RMB exchange reform since the highest level. .As a result, the US-led Western countries in the G20 summit lost criticized China's excuse for squeezing. .Published in Europe, the United States, "International Herald Tribune," has pointed out that the focus of this summit is likely to move to Europe. .</ P> <P> now, the European Union summit in this idea of G20 and the multiple differences with the United States, is forming the focus of both parties and third parties. .</ P> <P> European Union has finalized three ideas </ P> <P> the leaders of the 27 EU member states in Brussels on June 17 will be held Xia Jifeng. .G20 summit in Toronto to determine the EU common position on one of the topics is the focus of the meeting. .</ P> <P> been fully discussed, the main heads of 27 3-point consensus reached: First, the requirements of G20 members in their efforts to promote global financial reform, strengthening supervision of financial institutions, increase transparency in the operation of financial institutions; II requirements .G20 member states to implement an exit strategy as soon as possible, to stop the implementation of large-scale implementation of the financial crisis stimulus. .Countries to implement the exit strategy can have the order, but must take concerted action; three members of the G20 requires financial institutions to impose financial transactions tax. .</ P> <P> the first point, Europe is essentially little difference. .But for the remaining two points, their differences are more apparent. .</ P> <P> United States and Europe in the summit clash has started </ P> <P> 17 EU summit urged to tighten fiscal spending G20 members of the implementation of the exit strategy, 18 the White House announced that President Obama tit for tat .Ma a letter from the head caused by G20 members. .</ P> <P> Obama stressed that the current turmoil in the economy or not the loss of growth momentum, countries must work together to support policies conducive to economic growth. .If the slowdown in economic growth, countries should also be prepared, if necessary, to make swift and strong response again. .</ P> <P> This means that the real U.S. economy strong recovery, Obama does not want other countries to stimulate the economy out of the plan; the contrary, if necessary, should be added stimulus. .</ P> <P> the pressure for Obama, the EU does not show weakness. .German Chancellor Angela Merkel on 19 videos in the government's official website address, urging countries to implement the exit strategy. .</ P> <P> Merkel said: "European views of the participants are: the rapid withdrawal of fiscal stimulus plan is to avoid recurrence of similar crises in the future the urgent need." </ P> <P> day, this G20 summit .Canada to host the open position, and is standing on the EU side. .</ P> <P> Canadian Prime Minister Stephen Harper had 19 open letter addressed to heads of G20 member countries, the developed the proposed members of the G20 member countries to halve by 2013 the fiscal deficit and stabilize the level of government debt, thereby .eliminate the uncertainty of economic growth and financial instability risks. .</ P> <P> Western media pointed out that the consistent position of the European Union and Canada, will continue related to the G20 summit on the dispute, and may even make the summit results greatly reduced. .</ P> <P> difficult to be consistent with the financial transaction tax support </ P> <P> EU summit statement also said the meeting adopted, G20 member countries should explore the implementation of the possibility of global financial transactions tax, and methods. .European Commission President Rompuy said that if the G20 countries do not support the proposal of Europe, Europe will separate. .</ P> <P> financial transactions tax is levied on the spot foreign exchange transactions worldwide harmonization of tax, its main purpose is to ease international capital flows, particularly short-term speculative capital flows caused by the rapid expansion of the scale of exchange rate instability. .This tax is a U.S. economist, 1981 Nobel laureate in economics James Tobin, 1972 speech at Princeton University was first proposed. .He then proposed "to the rapid operation of the international financial markets throw some sand in the wheels." .Thus, financial transactions tax, also known as the "Tobin tax." .</ P> <P> 2009 年 9 months, when the then British Prime Minister Gordon Brown has proposed tax on bank transactions. .However, this position was the U.S. veto. .</ P> <P> local media that the EU initiative to impose financial transaction tax is almost impossible to obtain the unanimous support of G20 members. .</ P>.