Čína opätovne podporuje dolár

Aj keď začiatkom roka Čína neoficiálne poukazovala na potrebu vytvorenia novej svetovej rezervnej meny namiesto dolára, v posledných mesiacoch sa vracia k starým krokom a znovu podporuje americký dolár. Naberie v budúcich mesiacoch dolár opätovne na sile? Je možné, že áno!

After rattling the U.S. earlier this year by advocating a new key currency that could replace the mighty U.S. dollar, China has returned to rally behind the greenback. At the recent G8 summit China took a step back from pushing for a replacement currency, saying the issue was not Beijing's official stance. New data also shows China acquired an enormous amount of U.S. government notes and bonds in May.

"Although the U.S. dollar is showing signs of fatigue, it is difficult over the short-term to find a channel of investment as stable as the U.S. Treasury market," Ding Zhijie, a professor at China's University of International Business and Economics, said in an interview with state-run Xinhua News Agency. Yang Pyoung-seob, head of the Beijing office of the Korea Institute for International Economic Policy, said, "Another factor that appears to have played a role is the relatively faster rate of recovery of the U.S. economy compared to Europe and Japan." Yang added, "China's foreign exchange reserves have surged, so Beijing's purchases of U.S. Treasuries should continue."

China's Vice Minister of Foreign Affairs He Yafei, who accompanied President Hu Jin-tao to the G8 summit, met with reporters in Italy on July 5 and said the dollar "will maintain its position as the key currency for years to come." Calls to create a new super-currency are "not the official position of the Chinese government," he added. One diplomatic source in China said, "The Chinese government, which sought to rattle the dollar's prominence, has rejoined the 'dollar bloc' that includes Japan and the U.S." The decision, the official added, stems from the view that dollar instability is against China's interests.

Článok:english.chosun.com/site/data/html_dir/2009/07/21/2009072100213.html

22.07.2009