tera power leveling Chen Deming - TSI

Chen Deming: RMB exchange rate mechanism needs further improvement Minister of Commerce Chen Deming said in an interview with the magazine in the new century, RMB exchange rate mechanism needs further refinement tera power leveling, firewall and need to build enough to withstand the international financial risk. Mr Chen said China now has been in the trade and some of the Renminbi under the capital. But he also said that if a country settled its currency after a surplus, but not fullyRMB investment channels tera gold, there will be no balance, this return to the problem of achieving full convertibility under the capital. Mr Chen also said RMB convertibility under the trade towards convertibility under capital item liberalization should be gradual, therefore the Yuan into a truly international currency there is a long process. Chen reiterated China's trade balance has been greatlyImprovement is basically a balanced range of the Renminbi. （W） Others:

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