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People's Daily Online>>Opinion >> Netizens' Comments

Recommended reader’s comments (Dec. 27)

(People's Daily Online)

13:39, December 28, 2011

★ Read: Harbin swimmers prepare for a cooling off

1. Posted by Marc at 2011-12-27 08:57:40
Interesting photos, wish to see more of these images of ordinary people doing ordinary things, instead of images of plastic models, or celebrities plastered everywhere which do not add any real value to anyone who wants to know more about the real China and its people. (More)

★ Read: US uses 'hedging strategy' to deal with China's rise
2. Posted by McCarthy at 2011-12-26 11:12:05
I wonder what China is doing to improve its relationship with neighboring countries in order to pacify them that it’s rise will indeed be peaceful. This requires humility, sacrifice, willingness to adjust and the ability to accept criticism. If China can do that, I am sure it’s neighbors will be more than eager to move towards it rather than the US. (More)

★ Read: China urged to increase holdings of gold
3. Posted by McCarthy at 2011-12-26 11:12:05
Gold valued only because its intrinsic value property and some ornamentary jewelry purposes, other than it may help to keep inflationary losses on currency, but for world economic growth stability, it may not be that wise to hold to much gold just because many gold market speculators want to see that happening. But should China ordinary people also get to feverish on gold rush speculative investment, they may hit the rock, ad gold price today is to high, and the "black liquid gold" ( crude oil) is exchangeable in US$, so what if the yen kept appreciating against the US$ because the demand in gold increases by China’s involvement increases the demand for gold, and may pushes the US$ exchange rate against Renminbi (RMB) sliding down furter, this would not help China’s export. China should use more of it reserve on improving internal mode of production and infrastructure, and in keeping inflation very much under control. Situation have change today, everyone wants to do business with China, so, holding huge foreign reserve or not is not that important, internal production capability and lower price of goods for export in more important. May be it is also a good and much better to spend some of the reserve on buying high tech product (including intellecture knowhow and technological upgrading), and not gold. (More)


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