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China is maintaining expectations of currency appreciation to keep money inside China.

中国将会维持货币升值的预期以使资金留在中国。

In New Zealand, Bollard's central bank also began in June to sell its dollar for the first time in two decades as the currency trades at a 22-year high.

第二季度,印度卢比创下了至少34年来的最大升幅。印度央行已经从市场上购买美元,以减缓卢比升值。因为卢比升值会使印度产品价格上升,在国际市场失去竞争力。

I think that, even if the authorities see the merit of another one-off revaluation, they are unlikely to make an adjustment of 10% or more in one go, given their hallmark gradualist approach to any major reform.

我认为,即使中国政府认识到再度进行一次性升值有好处,他们也不大可能使一次升值幅度达到或超过10%,因为中国对任何重大改革一贯采取渐进式战略。

First, the land along the Light Rail Although enable appreciation, but do not have an appreciation of the universal laws.

首先,轻轨虽然能够使沿线土地升值,但升值多少并不具有普遍规律。

Our country since 1994 the exchange rate was axled,the foreign trade basically has been at a favorable balance condition,the foreign exchange reserve grows quickly;Thus causes the RMB gradually to face the pressure of appreciation. On the July 21,2005 The Peoples Bank of China announced the RMB appreciated 2% compared with US dollar,which has been clear about the inevitable trend of RMB appreciation.

我国自1994年汇率并轨以来,对外贸易基本处于顺差状态,外汇储备增长较快;从而使人民币逐渐面临升值的压力。2005年7月21日中国人民银行宣布人民币对美元升值2%,表明了人民币升值的必然趋势。

The US was the biggest threat which China developed, the Korean War which, the Vietnam War the US started causes our country has suffered the heavy loss in the manpower and the financial resource aspect; The US supports Chiang Kai-Shek counter-attacks the mainland motion to cause our country coast not to be peaceful for a long time; Present's US still in did everything possible to suppress China, like did not acknowledge that China market economy status, gesticulates, force Renminbi revaluation in the Taiwan problem and so on, zai weilai di regan nian zhong, the US will still be China's enemies, is the forever trouble makere believed that in the Chinese nation great rejuvenation's journey, will certainly to appear for one another magnificent 30 years!

美国是中国发展的最大威胁,美国发动的朝鲜战争、越南战争使我国在人力和财力方面遭受了巨大损失;美国支持的蒋介石反攻大陆行动使我国沿海长期不得安宁;现在的美国仍然在想方设法遏止中国,如不承认中国市场经济地位、在台湾问题上指手划脚、强迫人民币升值等等,在未来的若干年中,美国将仍然是中国的敌人,是永远的麻烦制造者。我们坚信,在中华民族伟大复兴的征程上,必将出现一个又一个辉煌的30年!中华民族的崛起,必将让世界为我们自豪!

The US was the biggest threat which China developed, the Korean War which, the Vietnam War the US started causes our country has suffered the heavy loss in the manpower and the financial resource aspect; The US supports Chiang Kai-Shek counter-attacks the mainland motion to cause our country coast not to be peaceful for a long time; Present's US still in did everything possible to suppress China, like did not acknowledge that China market economy status, gesticulates, force Renminbi ruation in the Taiwan problem and so on, zai weilai di regan nian zhong, the US will still be China's enemies, is the forever trouble maker

美国是中国发展的最大威胁,美国发动的朝鲜战争、越南战争使我国在人力和财力方面遭受了巨大损失;美国支持的蒋介石反攻大陆行动使我国沿海长期不得安宁;现在的美国仍然在想方设法遏止中国,如不承认中国市场经济地位、在台湾问题上指手划脚、强迫人民币升值等等,在未来的若干年中,美国将仍然是中国的敌人,是永远的麻烦制造者。

The US was the biggest threat which China developed, the Korean War which, the Vietnam War the US started causes our country has suffered the heavy loss in the manpower and the financial resource aspect; The US supports Chiang Kai-Shek counter-attacks the mainland motion to cause our country coast not to be peaceful for a long time; Present's US still in did everything possible to suppress China, like did not acknowledge that China market economy status, gesticulates, force Renminbi revaluation in the Taiwan problem and so on, zai weilai di regan nian zhong, the US will still be China's enemies, is the forever trouble maker

美国是中国发展的最大威胁,美国发动的朝鲜战争、越南战争使我国在人力和财力方面遭受了巨大损失;美国支持的蒋介石反攻大陆行动使我国沿海长期不得安宁;现在的美国仍然在想方设法遏止中国,如不承认中国市场经济地位、在台湾问题上指手划脚、强迫人民币升值等等,在未来的若干年中,美国将仍然是中国的敌人,是永远的麻烦制造者。

The US was the biggest threat which China developed, the Korean War which, the Vietnam War the US started causes our country has suffered the heavy loss in the manpower and the financial resource aspect; The US supports Chiang Kai-Shek counter-attacks the mainland motion to cause our country coast not to be peaceful for a long time; Present's US still in did everything possible to suppress China, like did not acknowledge that China market economy status, gesticulates, force Renminbi revaluation in the Taiwan problem and so on, zai weilai di regan nian zhong, the US will still be China's enemies, is the forever trouble maker

美国是中国发展的最大威胁,美国发动的朝鲜战争、越南战争使我国在人力和财力方面遭受了巨大损失;美国支持的蒋介石反攻大陆行动使我国沿海长期不得安宁;现在的美国仍然在想方设法遏止中国,如不承认中国市场经济地位、在台湾问题上指手划脚、强迫人民币升值等等,在未来的若干年中,美国将仍然是中国的敌人,是永远的麻烦制造者。我们坚信,在中华民族伟大复兴的征程上,必将出现一个又一个辉煌的30年!中华民族的崛起,必将让世界为我们自豪!

But if Beijing wants to reap all the rewards coming from such a move, including cheaper imports, an end to international pressure for currency reform, and a petering out of hot money inflows, then the one-off revaluation will need to be of a sufficient magnitude to convince everyone that the yuan won't be due for another hike in the not-so-distant future.

但如果中国政府想收获人民币一次性升值所带来的全部好处,包括进口价格的降低、消除国际上要求中国改革汇率机制的压力并使热钱逐渐停止流入,那么人民币一次性升值的幅度就必须足够大,这样才能让大家相信人民币在不远的将来不会再度升值。

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