Shizho: Changing the trade imbalance between China and America first change the ticket dollar

BCC Beijing October 28 News The United States has repeatedly accused China of "manipulating its currency", blaming China for its economic woes and meddling in regional security issues, creating tensions between the US and China. In this respect, the voice of China Special Observer Shizho as follows: Shizho: The United States is now increasingly trying to make a difference in the Chinese economy and make up for its mistakes in the past economic development. In addition to trade disputes, the United States in the exchange rate has also been a variety of measures, now the United States and even developed countries have a voice in China's exchange rate, the United States should hide behind the scenes, so that other emerging countries in the spotlight, as the protagonist, to impose policy and moral pressure on China.　　The US newspaper says developed countries should set boundaries and principles for China and other trade powers. The boundaries and principles include, for example, avoiding excessive accumulation of foreign exchange or holding large trade surpluses.　　is also the latest in a series of international speeches by U.S. Treasury Secretary Timothy Geithner.　　The US demands are hard to come by, as countries such as Japan and Germany, which hold huge trade surpluses, cannot allow such a line.　　On the other hand, the essence of the problem is that China's foreign exchange reserves, a large part of the "Ticket dollar", that is to say, these dollars are not to buy anything to buy, how to invest in how to invest, to be subject to various restrictions. For example, China is very interested in buying American high technology, but some of the technology is not sold to China, like China imports 120 billion of dollars a year of electronic chips, its manufacturing technology, the United States itself does not sell, but also control other people to sell, as China's investment in the United States and around the world, involving energy and resources technology, have to be limited,　　Even the investment in the rib steel production line of Anshan Steel Company is to be questioned repeatedly. In other words, China's dollar holdings are not buying anything but being designated as having to be selected in several things. And the existing things, China can buy all buy. The United States-led international trading system, which is equivalent to the ticketing system in international trade, is not a market economy at all.　　China's foreign exchange reserves have been virtually devalued. Open technology and investment, China-US trade imbalances will change immediately. Sino-US trade, not to blame the American mistake to punish China.