英语新闻:China denies yuan behind US trade gap
作者：本站 添加日期：2010-03-19 点击： 字体：m | Mm | M
eloping countries, should copy the United States and pass a law to deal with those countries.
"So we hope that in surmounting the crisis and reviving its economy, the United States should be a promoter of free trade, not an obstacle to it," he said.
The United States' annual trade gap with China fell to $226.8 billion in 2009, down from a record $268 billion in 2008. But with the Obama administration keen to lift exports and employment, the deficit remains a point of friction between the two countries.
Wen on March 14 recommitted China to pushing ahead with reform of the yuan's exchange rate mechanism, leaving the door open to reintroducing exchange rate flexibility if it suits Beijing.
China has kept the yuan pegged around 6.83 per $1 since July 2008 to help its exporters, and Yao, the Commerce Ministry spokesman, said stability would remain the watchword in 2010.
"We have no reason at all to view the future market with unfettered optimism," he said of the outlook for exports.
"So we will keep our economic and trade policies, including exchange rate policies and export tax rebates, stable this year," he added.