"US - China relations: Trade flashpoints" by Puneet Pal Singh from BBC News,tells that as China remains keeping their exchange rate quite low comparing what it should be to support the export . For US,after the big voting , they will put more pressure on China as promised.It is going to be big debate between these two countries soon.This may effect the world econimic stability because they have large sized economy.
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In my opinion,China should do something or release some policies to calm the stress down like They should adjust the currency to a real one to reflects the present trade and economic situations not to much controled as ever.
I think that China continue to remain a low exchange rate not only to support it export, but also to solve unemployment problem. As you know that China has too much people,so if goverment want to help all people have a job, it has to increase many job in the country. However, only demand from Chinese may be not enough to creat jobs for all people due to low product price and low wage of a lot chineses. Therefore, it need demands from outside country-other country, and controlling the exchange rate is a good way to help competetion of product price without reduce original cost.
I think that China continue to remain a low exchange rate not only to support it export, but also to solve unemployment problem. As you know that China has too much people,so if goverment want to help all people have a job, it has to increase many job in the country. However, only demand from Chinese may be not enough to creat jobs for all people due to low product price and low wage of a lot chineses. Therefore, it need demands from outside country-other country, and controlling the exchange rate is a good way to help competetion of product price without reduce original cost.
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