Latest News:  
Beijing   Sunny    21 / 12 ℃  City Forecast

English>>Foreign Affairs

China urges more action conducive to trust, cooperation from U.S. candidates

(People's Daily Online)

08:33, October 18, 2012

Foreign Ministry Spokesperson Hong Lei held a press conference on October 17, 2012 (Photo/ Foreign Ministry of China)

BEIJING, Oct. 17 (People's Daily Online) -- A Foreign Ministry spokesman on Wednesday called on the U.S. presidential candidates to do more things conducive to mutual trust and cooperation, denying that China is a "currency manipulator."

Spokesman Hong Lei said at a daily press briefing that China's GDP ratio of current account surplus has gradually decreased, supply and demand in the foreign exchange market has gradually balanced and the exchange rate has also entered a state of equilibrium this year.

China will continue to promote the reform of the RMB exchange rate formation mechanism on the basis of the initiative, progressive and controllable principle, according to Hong.

"We hope the U.S. Republican and Democratic candidates will get rid of the impact of election politics and do more things conducive to China-U.S. mutual trust and cooperation," he said, stressing that this is also in line with U.S. interests.

U.S. Republican presidential candidate Mitt Romney repeated his pledge to declare China a "currency manipulator" if elected at his second debate with President Barack Obama on Tuesday.

Chinese products' intellectual property rights, Chinese companies' investment in the United States and some other issues regarding China have also become hot topics in the election.

【1】 【2】

Most viewed commentaries
Most viewed commentaries
China ready for protracted war with Japan Can US ‘enjoy' the downward slide? Can economic recession ring alarm bell for Japan?
China slams U.S. report on human rights US does not accept Japan's claims to Diaoyu Islands Anti-China election talk may harm ties


Leave your comment0 comments

  1. Name


Selections for you

  1. Nanjing MAC organizes actual-troop exercise

  2. Switzerland's Breitling Jet Team

  3. DPRK's top leader enjoys concert

  4. Exhibition marking 60th anniversary of NUAA

  5. Crazy BMW car plunges into river

  6. Sany's bid to usurp Caterpillar

  7. Asia's 1st rare Leica camera auction announced

  8. Actresses of Legend of Zhen Huan

Most Popular


  1. Editorial: Addressing the wealth gap
  2. 'Do the right things' for the economy
  3. Obama outperforms Romney in 2nd debate
  4. Commentary: Japan's propaganda war on Diaoyu
  5. To Put political label on Chinese investors unfair
  6. Tokyo's war crime recognition crucial
  7. China bashing: Shame on American politics
  8. Protectionism cuts both ways for US businesses
  9. Commentary: US politicians' hypocrisy
  10. Created-in-China products need promoting

What’s happening in China

Ferrari drivers survive high-speed crash

  1. Beijing's first govt shelter for abuse
  2. Most overseas returnees pick jobs at private firms
  3. Beijing's biggest transport hub gears up for action
  4. Cops blamed for death as crowds riot
  5. Foxconn apartment giveaway