S. has no currency policy.And as for getting China to adopt a more flexible exchange rate, anything Congress does will probably be counterproductive. 在敦促中国采取更为灵活的汇率机制方面,美国国会的一举一动都可能会适得其反。
China's current inflation is a textbook case of prolonged undervaluation of a fixed exchange rate in tandem with export-led growth. 当前中国通胀,是典型的固定汇率机制下币值长期低估和出口导向型经济增长模式合力推动的结果。