At the beginning of the new year, the ***** made a state visit to the United States. This was the second official visit to the United States since he took office in the country. The United States attaches great importance to this visit and calls it a "historic visit."
In a joint interview with the Wall Street Journal and the Washington Post, the United States stressed: "The United States and China are both profitable and fighting are hurt. The two countries should abandon the Cold War mentality." The Chinese Ministry of Foreign Affairs is also 1 On the 18th of the month, China stated that China promised to advance the reform of the exchange rate, and also stressed that the exchange rate is not the main cause of the trade imbalance between China and the US, and hoped that US Congressmen would avoid harming the overall interests of Sino-U.S. trade.
*** 2011 may appreciate 4% -6% export ceramic enterprises to accelerate the transformation - 2011 ceramic market will be more intense recently, the appreciation of the *** speed has accelerated. Some experts predict that *** may rise by 4%-6% in 2011. The international drivers of the appreciation of the *** mainly include the weak recovery of the economy and the high unemployment rate. The implementation of quantitative easing may continue for a long time. From the domestic perspective, there is a need to suppress inflation with the appreciation of ***. At the same time, the continued inflow of capital has also increased the pressure of *** appreciation. The report released by the Central Bank on January 11 showed that as of the end of 2010, the balance of China’s ** reserves was US$284.73 billion, a record high.
As most of China’s ceramic export enterprises settled in U.S. dollars, the continuous appreciation of the U.S. dollar against the U.S. dollar led to the engulfing of export companies’ profits. In recent years, a considerable number of ceramic enterprises that have been doing foreign trade have accelerated their transformation and started to lay out the domestic market. This has also made the 2011 ceramics market more competitive.
