China's surplus much smaller

Vice President of Chinese Academy of social sciences, Li Yang, 26th "2011 annual meeting of the first financial · financial Summit diablo 3 power leveling," said, have begun approaching equilibrium exchange rate of RMB exchange rate, United States on the issue of China's currency accuse without reason. Li Yang "bi-directional wave" "advance and retreat orderly" describes the RMB exchange rate's market performance. In his view, evenContinued reduction in a long time the devaluation of the renminbi and foreign exchange reserves worth great concern, "most likely" its currency had entered a new period. Shen Jianguang, Mizuho Securities Asia Chief Economist would accept being away from the equilibrium exchange rate of RMB exchange rate is getting closer. United States that the Renminbi appreciation along with about 20% 's judgment is not established, he said, the US side of this judgmentBasis may be made by the International Monetary Fund to China's balance of payments situation forecast. At present, China's surplus much smaller diablo 3 power leveling, around 2% per cent of GDP, is inconsistent with the IMF accounts for prediction of GDP6%.