2010/10/5

The Eurozone 16 countries appealed that the RMB should revalue to stimulate economic growth

The Eurozone 16 country's senior officials indicated that hoped a Chinese permission Renminbi larger revaluation, promotes the global economic swift growth.Prime Minister Luxembourg, Eurozone 16 country group's President Rong Ke pointed out that European Union hoped sees the Renminbi to US dollar and other world principal currency exchange rate “the comprehensive revaluation”. Rong Kehuan said that when Tuesday earlier when with Chinese Premier Wen Jiabao meeting, he also expressed this viewpoint.
Participates in this Central Europe high-level meeting also to have European Union to be responsible for currency business's special commissioner the auspicious graciousness, as well as European Central Bank president Terry thanks. Allows at a press conference which the gram holds after the meeting to reporter to disclose: “China's effective exchange rate is still underestimated”.
Rong Ke indicated on behalf of European Union that European Union hoped China stimulates more domestic demands, at present the euro “has not achieved the level which to the Renminbi exchange rate we hoped”.

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