贸易顺差

Experience with the repeated appreciation of the Deutsche Mark after 1945 anyway shows that exchange rate rises do not work through very smoothly or quickly in correcting trade imbalances and can – by cheapening imports – even have the initial effect of boosting the trade surplus of the country that appreciates its currency.

所有这些都比旨在纠正中美贸易失衡的政策重要得多。1945年后德国马克反复升值的经验已经表明，汇率上升不会非常平稳或迅速地纠正贸易失衡，甚至会因让进口商品变得更便宜，而在初期推高货币升值国的贸易顺差。

The free-trading British ran a substantial trade deficit at the time which permitted the high-saving, protectionist-inclined US to run a big trade surplus.

当时，信奉自由贸易的英国存在着巨大的贸易逆差，这使得高储蓄率、带有贸易保护主义倾向的美国保有巨大的贸易顺差。

Thus an unfortunate side effect of China's attempts to cool its domestic economy has been an exploding trade surplus, because import growth has softened while exports have remained robust. In June, China's exports rose by 30.6%, year-on-year, while imports grew by just 15.1%, widening the monthly trade surplus to $9.7 billion.

也就是说，中国企图控制国内经济过热增长的一个不那么令人愉快的后果是，中国的进口贸易额已经平缓下来而出口贸易则一直强健。6月份，中国的出口贸易增长了30.6%，而进口贸易仅增长了15.1%，每月的贸易顺差扩大到97亿美元。

Nonetheless, the figures do not on balance suggest that the economy is careering out of control or that severe tightening measures are required to prevent an inflationary spiral

以目前的趋势发展，中国今年贸易顺差将达到1400亿美元左右根据中国提供的数据），与美国的双边贸易顺差可能增至近3000亿美元。

However, China's trade surplus is entirely due to the five provinces along its Eastern Seaboard.

然而，中国的贸易顺差全部来自东部沿海五个省份，尤其是广东和浙江，占到全部贸易顺差的80%。

That's despite stepped-up calls from Europe and the International Monetary Fund on the Chinese to accept rises in the yuan to cut the nation's trade surplus, which is a major part of global economic imbalances.

而就在此时，欧洲和国际货币基金组织则加紧了要中国升值人民币的呼吁。他们认为此举能减少中国的贸易顺差，而中国的贸易顺差是全球经济失衡的一个重要表现。

The second step isthe necessary way of the transformation from processing trade to normal trade and theeffective method of the transfer of China's trade surplus. The analysis will base on thetheory, the processing trade abroad, the relative policy and the transfer of China'strade surplus.

第二步由我国国内转移到其他发展中国家和地区，是我国由加工贸易过渡到一般贸易的必经之路，就现阶段而言是我国转移贸易顺差的有效途径，第二步转移将从&理论支持：梯度推移理论&、&完成转移途径：境外加工贸易&、&政策指导：走出去战略&与&实际问题：转移贸易顺差&四个方面，理论结合实际展开分析讨论。

China'strade surplus with the EU rose 25 per cent in the first eight months ofthis year to 70bn ($103bn, 49bn), and some EU policymakers expect thesurplus to balloon to more than double that size, generating everlouder calls from politicians for restrictions on imports.

今年前8个月，中国对欧盟的贸易顺差增加了25%，达到700亿欧元（合1030亿美元）。欧盟的一些决策者预计，这一顺差还会继续扩大，达到上述规模的两倍多，促使政界人物更加大声地呼吁限制进口。

From 1992 to 2006, our surplus of international payments is increasing, with the payments surplus incargo tade being the most

从1992年到2006年，我国国际收支顺差不断增加。经常项目顺差特别是货物贸易顺差是国际收支顺差的最

Therefore the RMB appreciation is helpful for balancing China international balance of payment step by step, but the reason lead to the China international balance of payment surplus is profundity and complex especially to the cumulation of trade surplus, which is no only lead by undervalued RMB and improper form system of RMB exchange rate.

这说明虽然人民币升值有利于促进我国国际收支逐步趋于平衡，但是我国的国际收支顺差，尤其贸易顺差的累积&冰冻三尺，非一日之寒&，有着深刻、复杂的原因，不单单是由于人民币被低估或者人民币汇率形成机制不合理造成的。

Neither the killing of Mr Zarqawi nor any breakthrough on the political front will stop the insurgency and the fratricidal murders in their tracks.

在对危险的南部地区访问时，他斥责什叶派民兵领导人对中央集权的挑衅行为。

In fact,I've got him on the satellite mobile right now.

实际上 我们已接通卫星可视电话了