China sold fewer shoes abroad in the first five months of this year, due partly to reduced export tax rebates, continuous RMB appreciation, and weaker demand from the United States and trade barricrs such as anti-dump...China sold fewer shoes abroad in the first five months of this year, due partly to reduced export tax rebates, continuous RMB appreciation, and weaker demand from the United States and trade barricrs such as anti-dumping lawsuits, thc General Administration of Customs said on July 25.展开更多
At the beginning of 2007,both foreign investment banks and domestic commercial banks all thought that last year's RMB appreciation would grow between 4 to 5 percent;how- ever the realization of a 6.77 percent in- ...At the beginning of 2007,both foreign investment banks and domestic commercial banks all thought that last year's RMB appreciation would grow between 4 to 5 percent;how- ever the realization of a 6.77 percent in- crease has surprised everyone.The RMB has appreciated much faster than expect- ed,keeping pace with the rise of China's foreign trade surplus and foreign exchange reserves.China's foreign trade surplus totaled US(?)177.5 billion in 2006,and this year's surplus already reached US(?)展开更多
After the World War Two, to catch up other capitalism countries, Japan placed economic growth as the top target of the country and the government, and implemented a similar economy strategy. Mean- while, to meet the r...After the World War Two, to catch up other capitalism countries, Japan placed economic growth as the top target of the country and the government, and implemented a similar economy strategy. Mean- while, to meet the requirements of Cold War strategy, USA offered to help Japan with the economy development. As a result of Japanese governments' favorable policies and the financial, technological and marketing support from USA, the economy in Japan grew rapidly. Till 1968, Japan had exceeded most western countries and the gross national product ranked second in the world.展开更多
文摘China sold fewer shoes abroad in the first five months of this year, due partly to reduced export tax rebates, continuous RMB appreciation, and weaker demand from the United States and trade barricrs such as anti-dumping lawsuits, thc General Administration of Customs said on July 25.
文摘At the beginning of 2007,both foreign investment banks and domestic commercial banks all thought that last year's RMB appreciation would grow between 4 to 5 percent;how- ever the realization of a 6.77 percent in- crease has surprised everyone.The RMB has appreciated much faster than expect- ed,keeping pace with the rise of China's foreign trade surplus and foreign exchange reserves.China's foreign trade surplus totaled US(?)177.5 billion in 2006,and this year's surplus already reached US(?)
文摘After the World War Two, to catch up other capitalism countries, Japan placed economic growth as the top target of the country and the government, and implemented a similar economy strategy. Mean- while, to meet the requirements of Cold War strategy, USA offered to help Japan with the economy development. As a result of Japanese governments' favorable policies and the financial, technological and marketing support from USA, the economy in Japan grew rapidly. Till 1968, Japan had exceeded most western countries and the gross national product ranked second in the world.