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While a flexible exchange rate alone is hardly a panacea, achieving greater flexibility in monetary policy will hinder financial sector reform by eventually removing the constraints that will hinder financial sector reform and discourage other areas from focusing towards a more market-oriented economy. It will also help to cope with external shocks, and China will face more and more as it continues to integrate into the world economy. In fact, without looking back at China's increasingly closely linked economy, the economy has both inside and outside Asia.
China's growing prominence means that the results of major reform efforts are at stake, not only for China, but also for the Asian region and the world economy.
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However, liberal exchange rate adjustment is not a panacea, and the adoption of a policy of monetary independence will eventually lead to the re-formation of a previously hidden shackle in the fiscal sector, and will limit other key reforms to a market economy.
The translation is not good, bear with me, don't ask for points, just for practice!
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However, relying solely on exchange rate flexibility is not a panacea, and maintaining monetary policy autonomy through greater flexibility will ultimately remove the key constraints that impede fiscal sector reform and address other key constraints in moving towards a market-oriented economy. This will also provide an effective response to the growing external shocks to which China continues to integrate with the global economy. Indeed, China's ** and other regional economies are more closely linked than ever before, and this is irreversible.
China's rising rise means that its reform achievements are still far from optimistic, not only for China, but also for the regional and global economies.
Lots of advice!
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Praise-aholic kids who expect it at every turn who may become teenagers seek the same approval from their friends when asking them if they want to be in the backscat car.
The meaning (meaning) of saying, "You're the prettiest girl in the class," talks about her score rather than the overall effort, and it's when you love her that she looks the best, gets the highest score, and reaches the most. This carrics to the classroom.
Complimenting attributes (qualities) or abilities makes a false promise that you will succeed because you have quality and devalues effort, so kids afrail accept the challenge and say, "Deeck, now Stanford." "They feel like they'd better give up when they're in front. ”
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You're a smart girl. I like you very much. Sometimes you can't study hard. It's not a good habit to watch ** in class. Hopefully you can work on improving. No pain, no gain. Come on, I'm looking forward to it!
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