Malaysia: Yes! China now is in the lessons of the United States! _ Fengyun

Malaysia the new Straits Times "Yes, China is now in the lessons United States! China 30 years ago economic development plans, then it is aware, to engage in the market economy, it will have to learn from the West, especially to the United States to study. Now, some people may feel they are ready to graduate. In the recently concluded round of u.s.-China strategic economic dialogue, Zhou xiaochuan, Governor of the people's Bank of China said that in the past, China has learned from the United States a positive experience, but this time from the United States's mistakes (an allusion to the subprime mortgage crisis). And before the meeting, the Chinese people have not heard much faster appreciation of RMB urged to preaching. United States Treasury Secretary Paulson has recognized the Beijing since 2005, has let the RMB tasted 20%, and that this is a measure of the achievement of economic dialogue means. This time, is the Chinese people criticized United States currency. Zhou xiaochuan pointed out that the depreciation of the US dollar resulted in world oil, food and other commodity prices. In fact, the United States economy bad conditions may make Chinese reassessment of the United States. Although United States officials warned the Chinese officials do not let the United States oversight failures behind China market deregulation and liberalization, but Beijing will consider the errors of the United States. In fact, the CBRC Liao-min ( Liao Min) criticized Western Government last month on the financial markets and the neglect of supervision. He told the financial times said, "I think the Western markets and the consensus of government relations should be reconsidered. "Other Chinese officials also criticized the United States. China's WTO Ambassador Sun Zhenyu ( Sun Zhenyu) earlier this month called on Washington to stabilize the US dollar. "The dollar as the major international reserve currency, its sharp devaluation led to a number of national reserve, serious shrink less social benefits. China hopes that the United States to be able to take rapid and targeted measures to promote the stability of the dollar. "Beijing insisted with the Washington full equality, reflected in its response. United States inspectors to enter China in order to ensure that exports of food and other products. China agreed on the condition that the Chinese censors in the United States to check the quality of the United States exports. Even though China criticizes the United States, Vice Premier Wang Qishan, but clearly indicates that China will continue to reform and opening up. He said that the latest round of meeting a complete success, and indicated that the dialogue should be continued. Regardless of who will become the new President of the United States, to continue to hold such dialogue is advisable. These dialogues provide an opportunity for the world's largest industrialized countries can and the world's most populous countries discussed the two countries and the world. ( Author Frank Ching)