Sunday, April 3, 2011

Keep in mind the United States and Europe talk about where to make the RMB G20 Jin.

<P> 20 Group (G20) summit will be the fourth time June 26 to 27 held in Toronto, Canada's largest city. .The summit will discuss the global sustainable growth, international financial regulation, international financial institutions and the promotion of trade liberalization reform, oppose trade protectionism and other issues. .</ P> <P> Just this past weekend, the White House released the president a letter addressed to the other G20 leaders, Obama stressed in the letter, to create employment, self-sustained economic .recovery is essential. .If the people confidence in the weakening of economic growth, world leaders should "quickly and forcefully" to be addressed, to avoid the decline in economic activity. .The host of the Canadian International Trade Minister 彼得范洛安 said recently that Canada will pass in the G20 summit in Toronto, "in the world of free trade to open the door to" the core message. .</ P> <P> As for the RMB exchange rate, China has a clear attitude towards this time, sternly with the matter. .China's vice foreign minister, coordinator of the Chinese Affairs Cui G20 summit on June 18 said China's yuan currency sovereignty should not be discussed in an international context. .However, financial regulation, the EU found a lot of common language. .Cui made the Chinese side of the G20 summit of the five expected in Toronto, including continue to push forward financial reform, especially strengthening the supervision of rating agencies. .Although China is highly rated, but not change the existing mechanism, China and Europe could do anything they want to become a victim of rating agencies. .</ P> <P> Further reading </ P> <P> EU pushing bank tax </ P> <P> "Today, we held the first time since I took office 'normal' summit." Held last weekend .The EU summit, the EU took a deep breath Rompuy President of the Council. .As the market has stabilized, the European Union summit has opened the two regulatory prescriptions: First, open all EU banks stress test results, one at the end of June of the G20 summit in pushing the global banking tax. .</ P>.

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