China defends its economic monetary policy after criticism from Obama

The transcript discusses the RMB exchange rate, emphasizing that it is not the main cause of the US-China trade imbalance. It highlights the mutual benefits of Sino-US trade and calls for rational handling of trade issues through equal consultation. The importance of healthy and stable Sino-US relations is stressed, with a focus on mutual respect and cooperation. The transcript concludes with a legal notice on usage restrictions.

What is not considered the main reason for the US-China trade deficit according to the video?

• China's export strategies

• US import policies

• US economic growth

• China's currency exchange rate

What has China consistently prioritized to maintain economic stability?

• Increasing exports

• Balancing international payments

• Reducing imports

• Strengthening currency value

How does the video suggest the US should approach issues in US-China economic relations?

• Through equal consultation

• By imposing tariffs

• Through unilateral decisions

• By increasing trade barriers

What is emphasized as crucial for the health of US-China relations?

• Reducing diplomatic engagements

• Increasing trade volume

• Focusing on military cooperation

• Mutual respect for core interests

What is the broader impact of a stable US-China relationship according to the video?

• It leads to global peace and prosperity

• It benefits only China

• It primarily helps the US economy

• It has no significant impact