Vice Minister of commerce visits US exchange rate to avoid phone-in

Nanfang Daily News (Beijing reporter/Lu Tianling intern/Shukin) The recent trade frictions between China and the United States, the U.S. Congress is more aggressive posture, trying to oppress the renminbi appreciation. As the Sino-US trade war is on the horizon, March 24, vice Minister of Commerce, Zhongshan, a group to the United States for a three-day visit.　　The analysis points out that this will be a new round of trade diplomacy initiated by China and the beginning of a new round of negotiations between the U.S. and China on economic and trade issues.　　The reporter learned that the delegation led by Mr. Zhong will meet with the U.S. Department of Commerce, the trade Negotiators office, the International Trade Commission, the State Council, the Ministry of Finance and other departments in charge of the talks, and met with some U.S. lawmakers.　　Coincidentally, on the same day that Chinese Ministry of Commerce officials arrived in the United States yesterday, the House fund-raising Committee held hearings on the current controversy over China's foreign exchange policy.　　The committee's chairman, Rangel, said the hearings focused on the impact of China's exchange rate policy on the U.S. and global economic recovery and on U.S. employment, and sought a more multilateral approach to the issue of the renminbi exchange rate. "We are willing to discuss currency issues with the US, and there is no problem between China and the United States," Mr. Zhong said in a media interview earlier. But by pressuring us to do something, this is not in line with Chinese culture. "The exchange rate is a war of words, but if this accusation is accompanied by a trade war, we will have to take steps to deal with it."　　March 22, at the China Development Forum, Zhangxiaoji, Minister of Foreign Economic Research at the Development Research Center of the State Council, expressed his attitude towards the exchange rate issue between China and the United States.　　During the visit, Mr. Zhong will also communicate, negotiate and negotiate with the US on trade balance, trade frictions and other issues related to trade, and enhance mutual understanding, and strive to solve each other's concerns through dialogue and cooperation and resolve economic and trade frictions. Expert analysis, China's visit to the United States will certainly be the overall situation, but on the issue of the renminbi exchange rate issues such as the Chinese side will not give up, China's most likely strategy is to retreat.