Phoenix TV: Zhao Zhongxiu expresses his views on the US RMB-related bill
("Phoenix TV"2011Year10month11Rihua News Live)
Editor’s note 2011Year10month11On the 9256th_9285th day, the "Huawen Live" column of Phoenix TV Information Channel discussed the upcoming vote on the United States' "2011Currency Exchange Rate Supervision Reform Bill" interviewed Zhao Zhongxiu, professor of international economics at w88 casino. Zhao Zhongxiu said that if this bill can be implemented, it will set a bad precedent and link exchange rate manipulation with countervailing and anti-dumping. This actually challenges the current multilateral trading system.
In addition, Zhao Zhongxiu also said that amid the instability of the global economy, China and the United States are interdependent. Under this circumstance, China should increase its autonomy over the RMB and get out of the "pressure-reaction" cycle as soon as possible.



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