Foreign media pay attention! There is no need for China to manipulate the RMB exchange rate.

  CCTV News:On July 31st, the International Sharp Review of China Central Radio and Television Station broadcasted an article entitled "There is no need for China to manipulate the RMB exchange rate", which was reprinted by many overseas media.

  On July 31, Russian Siberian News Network, European Times German Network, German-Chinese Report website, Spanish Radio International website, Italian RADIOWE website (facebook, twitter), Portuguese Lisbon Rainbow FM website (facebook), Universal Iberian APP, Brazil Rio Headline China Radio Website (facebook), Brazil Sao Paulo World China Radio Website (facebook), Indian Daily Morning News website, Turkish Economic Observation Network, Radio Elshinta Indonesian website, Czech Today Information website, Tanzanian African Media Group facebook account, UAE Ain News Network, Cambodian media freshnews website, American Global Oriental Company official website, Chinese PT portal, Chinese headline APP, Portuguese news APP(facebook, twitter), Many overseas media such as Nordic Times website, European Union Chinese website, West Africa online website, Africa Times website, Europe-China United Times website, Greek China website, Japanese Chinese business website and so on have forwarded them one after another. On August 1st, Hong Kong Ta Kung Pao and Indonesia International Daily also published this article. The main reports are as follows:

  In response to the recent unilateral accusation by the United States that China manipulated the RMB exchange rate, Maurice &bull, chief economist of the International Monetary Fund (IMF); Obst Feld recently told the American media: "We don’t have any evidence that China manipulates the currency."

  In fact, "China’s exchange rate manipulation theory" is an old saying of the United States, which lacks objective basis and even goes against the direction of RMB exchange rate market-oriented reform. As Geng Shuang, a spokesman for the Ministry of Foreign Affairs of China, said, the RMB exchange rate is mainly determined by market supply and demand, and it fluctuates in both directions. China has no intention to stimulate exports through competitive devaluation of the currency.

  According to the definition of IMF, "exchange rate manipulation" refers to a country’s long-term, large-scale and one-way intervention in its own exchange rate, which leads to the exchange rate being beneficial to its own trade and thus gaining illegitimate interests in trade.

  Analysts pointed out that there are three main reasons why China has no motivation and necessity to manipulate the exchange rate to stimulate exports:

  First, domestic consumption has become the dominant force in China’s economic growth. With the continuous upgrading of domestic production and household consumption, mid-to-high-end consumption will accelerate the economic transformation led by modern service industry, and the leading role of consumption in China’s economy will be further enhanced. There is no need for China to stimulate exports by intervening in the RMB exchange rate.

  Second, opening wider to the outside world will provide solid support for RMB assets. With the deepening of opening up and the promotion of RMB internationalization, RMB assets are increasingly favored by overseas institutions.

  Third, it is not worth the loss to intervene in RMB depreciation. Since the beginning of this year, China has launched a series of measures to further deepen its opening up and expand its imports. If it intervenes in RMB depreciation at this time, it will definitely increase the import cost, not to mention that the import growth rate of China’s goods trade is far higher than the export growth rate. Under this background, it is undoubtedly not worth the loss to adopt RMB depreciation strategy.

  So, how should we view the recent fluctuation of RMB exchange rate?

  First of all, it is related to the rising global risk aversion. The Trump administration’s trade protectionism has stimulated global risk aversion, affected the entire foreign exchange market, brought about repeated fluctuations in US stocks, increased market uncertainty, and continued decline in commodity prices. Recently, the RMB exchange rate fluctuated, which is more of an emotional performance of the market.

  Second, it is related to the strength of the US dollar index. Judging from the situation in the first half of the year, the US dollar index rose by 2.45% as a whole, but in the same period, the central parity of RMB against the US dollar was only lowered by 1.67%, which was much lower than the increase of the US dollar index. Therefore, the fluctuation of RMB is a spontaneous "compensation and correction" behavior of the market under the warming of risk aversion.

  Third, it is related to the Fed’s interest rate hike. Since April, the RMB has depreciated by more than 8% against the US dollar. During this period, US monetary policy is in the process of raising interest rates and shrinking its balance sheet. The Federal Reserve raised interest rates twice in March and June, and increased the number of interest rate hikes this year from three to four, and at the same time, cooperated with corresponding measures to shrink the table to recover liquidity. The Bank of China adheres to a prudent and neutral monetary policy, foreseeing pre-adjustment and fine-adjustment, and manages the general gate of money supply. To a certain extent, this round of RMB exchange rate fluctuation is a market behavior caused by the differentiation of monetary policies between China and the United States, and there is no intervention component.

  As some analysts have pointed out, the recent fluctuation of RMB exchange rate has not exceeded the reasonable range, and the RMB is still relatively strong in the global currency. The two-way fluctuation of exchange rate is the result of market action. With China’s economy running well and foreign exchange supply and demand in balance, the RMB exchange rate is completely stable at a reasonable and balanced level at present and in the future. There is absolutely no need for China to interfere with the trend of RMB exchange rate.

  A number of overseas media forwarded "International Sharp Review" articles:

Russian Siberian News Network forwarded on July 31, 2018

 

"European Times" German website forwarded on July 31, 2018

Italian RADIOWE website (facebook, Twitter) forwarded on July 31, 2018.

Portugal Lisbon Rainbow FM website (Facebook) forwarded on July 31, 2018.

Forward on July 31, 2018 by the website of Brazil’s Rio headlines (Facebook)

Turkish Economic Observer Network forwarded on July 31, 2018

India’s "Daily Morning News" website was forwarded on July 31, 2018

The Indonesian website of Radio Elshinta was forwarded on July 31, 2018.

Cambodian media freshnews website forwarded on July 31, 2018

Portuguese news APP(facebook, Twitter) forwarded on July 31, 2018.

Hong Kong Ta Kung Pao was published on August 1, 2018.

Indonesia’s International Daily was published on August 1, 2018.

Eye in the Sky: The greatest evil in the world is hypocrisy.


    Special feature of 1905 film network Blow up the little girl and destroy the leader of the terrorist organization or save the little girl and let the leader of the terrorist organization go. Which one would you choose?

    The "tram puzzle" is placed in the background of war. When the screen is full of entanglement and despair, it proves that there is no truth on the battlefield.

    The whole process of Eye in the Sky revolves around the issue of whether to throw missiles or not to destroy the leaders of terrorist organizations. In some people’s view, this is a "death" film. How can we succeed in cracking down on terrorist organizations with a "woman’s view"? Others think this film is thought-provoking and shows the despair under the war.

    The film begins with an ordinary black family. Father repaired the rainbow hula hoop for the girl, and everything seemed harmonious and beautiful.

    But then a shot was pulled, and an armed jeep passed by the girl’s house. Obviously, the city is full of war.

    Colonel Catherine (helen mirren) received information, and extremists carried out a large-scale terrorist attack, killing 147 teachers and students of Garissa University, and killing workers serving the British and Kenyan intelligence services.

    Colonel Catherine led a British intelligence unit to hunt down a female terrorist for six years. After joining the high-altitude surveillance operation by the US military, she finally found a suspected figure in a secret base.

    When the high-altitude reconnaissance personnel used the hummingbird drone for indoor observation, they found that terrorists were plotting suicide bombings with others. In order to prevent further personal injury, Catherine ordered the bombing of the secret base to annihilate the enemy.

    Contradictions and conflicts have begun to emerge in the casualty assessment budget. The evaluator predicted that the explosion might cause civilian casualties around. The person in charge said that additional damage should be recalculated, and Catherine knew the seriousness of the consequences of letting the female leader go, so she insisted on bombing immediately. After many negotiations and voting, it was decided to bomb.

    After aiming at the target, the driver played by aaron paul found that the little girl who turned the hula hoop appeared next to the secret base. She actually set up a stall to sell cakes, and the original simple transnational arrest became a complicated anti-terrorism task in an instant.

     A heated debate unfolded at the round table. On the one hand, Colonel Catherine and General Benson (alan rickman) are the representatives who insist on blowing up the terrorist organization’s dens. On the other side, the prosecutor and his wife are the representatives to protect the little girl from bombing.Madam believes that as a country that pursues "humanitarianism", we can’t carry out bombing even though we know that this bombing will cause the little girl to be seriously injured or die on the spot.


    General Benson knew that the girl who had just started a good life might die immediately, but in order to ensure the safety of thousands of children, as a soldier, he had to carry out bombing operations without hesitation.


    In fact, each of them hopes that the girl can get out of danger quickly, and even desperate to let the agent go to the booth to buy cakes, and even cause the agent to be almost shot. Isn’t the life of an agent a life?

    Director Gavin Hood used subtle group performances to set off contradictions and conflicts. What seems to be behind the contradiction between girls and terrorists is actually people’s profound discussion on how to measure life and choose life. In order to save the girl, the agent risked his life to go to the rescue, but failed to help the girl after all.

    Aaron paul’s button to launch missiles has now become a symbol of life. He knows the result after the launch, but he also knows that he is a soldier, and his military orders are like mountains.

    Finally, the missile was launched.


    The director didn’t use a huge roar to contrast the scene’s misery, but used a mute effect to deal with it. At the moment of explosion, everyone’s expressions and actions before the debate were described, with tears, helplessness and unbearable feelings. The silence at this moment is a silent catharsis.

    The girl fell to the ground, but there were still signs of life.

    Just as the death assessor determined that one of the male leaders had died, the director threw another bomb at the audience. Before the female leader died, Catherine decided to carry out a second bombing.


    At the end of the film, a middle shot is used to show that the girl is lying motionless in the rescue room, and her parents are crying. Although the ending is clear, we can’t be calm inside.

    Is there really a clear division between good and evil? The director told us with a story, no.


    General Benson, seemingly ruthless, will show kindness when choosing toys for his daughter; Colonel Catherine will also be unable to hide his grief after hearing the death of the intelligence agent; Extremists will take the girl’s parents to the hospital; Politicians opposed to the bombing are worried that the explosion video will be sent to youtube and cause public outrage.

    The director overthrew their personnel design again and again and re-established it again and again. If the girl standing there is the daughter of General Benson, or a beggar with a scarred face and shabby clothes, what will the result be?


    Rainbow hula hoop may be a symbol of freedom and peace. But the girl can no longer turn it carefree.

    After the mission, General Benson said this to his wife: "I have participated in the aftermath of five suicide bomb attacks. I personally went to the scene and saw the bodies with my own eyes. What you saw today while drinking coffee and eating cookies was cruel. What those people were supposed to do was much more cruel. Never tell a soldier that he didn’t understand the cost of war."

    Life is heavier than imagined, and the cruelty of war is far beyond what the screen expresses.

    Countries that cause extreme activities or wars in the name of "goodwill" will never understand the meaning of life. The greatest evil in the world is hypocrisy.

The hope of mankind is like an eternal star.

Dark clouds can’t hide its light.

Especially today.

Peace is not an ideal.

A dream

It is the wish of ten thousand people.


— — Ba Jin


Don’t miss the epidemic prevention. Plough in spring. Northeast China is busy growing grain in farming season.

CCTV News:At present, it is the season of spring ploughing and spring management in the north and south of China, and the northeast region ensures agricultural production while preventing and controlling the epidemic situation.

In order to ensure the production of spring ploughing, Harbin, Heilongjiang Province resumed the agricultural business activities in an orderly manner, liberalized the travel restrictions of agricultural production, and unblocked the green channel of agricultural transportation. Local agricultural distributors have resumed business one after another, and all kinds of agricultural materials have resumed their import and export in an orderly manner. Cooperatives have also started land preparation operations. At present, cooperatives implement two-point and one-line management for operators.

Xu Chengde, head of Taian modern agricultural machinery Cooperative in Harbin, Heilongjiang:We sow (plant) the land on April 18th every year. This year, we will try to finish ridging all the land on April 14th, and sow it on April 15th.

Du Shulin, Director of Planting Management Department of Harbin Agricultural and Rural Bureau, Heilongjiang Province:At present, the hemming rate of seed fertilizer in the city has reached 93% and 74% respectively, and the maintenance of rice shed and agricultural machinery has been basically completed. In the next step, we should guide all levels to seize the agricultural season, speed up the progress of agricultural materials, and start various agricultural production activities in due course.

Jilin City, Jilin Province held a press conference today (April 4), which will further smooth the green channel for the transportation of agricultural materials for spring ploughing and ensure that the materials for spring ploughing will be placed in households. Engaged in agricultural sales and transportation personnel to implement the system of certificates. Agricultural stores take the form of "online ordering, door-to-door delivery and point-to-point transportation" to carry out the purchase, sale and distribution of agricultural materials.

In order to ensure the rapid delivery of key materials such as fertilizers, Shenyang Bureau of China Railway co-ordinates and organizes relevant units to make concerted efforts to coordinate and solve the problem of highway connection at both ends of the collection and distribution, and effectively improve the efficiency of fertilizer loading and unloading vehicles. Since March, 133,500 tons of key materials such as fertilizers have been transported, up by 119% year-on-year.

During the third "Belt and Road" international cooperation summit forum, traffic control measures will be taken on some roads.

  CCTV News:According to "Beijing Traffic Police" WeChat WeChat official account news, the third "Belt and Road" international cooperation summit forum will be held in Beijing from October 17 to 18. In order to ensure the safe and smooth activities, some roads will take relevant temporary traffic management measures.

  The traffic control department will make every effort to strengthen the traffic guidance and maintenance around the event venue, encrypt the frequency of traffic warning information, and minimize the impact on social traffic.

  Please pay attention to the road information, arrange the travel time, driving route and transportation mode reasonably, and give full understanding and strong support.

  1. From 18: 00 on October 14th to 24: 00 on October 18th,Tianchen East Road is from the intersection of National Stadium North Road and Tianchen East Road (excluding) to the intersection of Datun Road and Tianchen East Road (excluding), and Tianchen West Road is from the intersection of National Stadium North Road and Tianchen West Road (excluding) to the intersection of Datun Road and Tianchen West Road (excluding). Vehicles and pedestrians are prohibited from passing. Vehicles and pedestrians passing by can bypass Beichen East Road and Beichen West Road.

  2. From 12: 00 on October 18th to the end of the activity on October 18th,National Stadium North Road is east-west from the intersection of Beichen West Road and National Stadium North Road (excluding) to the intersection of Hujing East Road and National Stadium North Road (excluding), and Datun Road is east-west from the intersection of Beichen West Road and Datun Road (excluding) to the intersection of Hujing East Road and Datun Road (excluding). Vehicles and pedestrians are prohibited from passing. Vehicles and pedestrians passing by can bypass Beichen East Road, Beichen West Road and Kehui South Road.

  According to the requirements of the Notice, the public transport department has released a message, passing through Datun Road.There are 8 lines including 311, 319, 379, 450, 466, 484 and 695.Take measures to bypass the station.

  This year marks the 10th anniversary of the "One Belt, One Road" initiative. In order to do a good job in the traffic security of the "One Belt, One Road" summit forum, ensure the safety and smoothness of the traffic at the venue, and at the same time take into account the social traffic, the traffic control department will scientifically arrange, finely organize and coordinate the promotion, and adhere to the activity traffic and social traffic."With planning, deployment, command and operation"We will do our best to strengthen the traffic guidance and maintenance around the event venue, and encrypt the frequency of traffic warning information through traffic broadcast, "Beijing Traffic Police" Weibo, outdoor display screen and navigation platform, so as to ensure the safety and smoothness of the event and minimize the impact of the event traffic on social traffic.

  Please give full understanding and strong support to the general public, and hope that the citizens and friends will travel before.Pay attention to the tips issued by the traffic control department and choose reasonable travel time, mode and route.. Actively cooperate with and seriously abide by temporary traffic management measures when traveling.Try to avoid control time and road sections., fully display the good image of the capital’s hospitality, civilization and courtesy, and jointly create a safe, smooth and civilized traffic environment.