Yi: Envoys discussed avoiding currency devaluation

The video discusses China's commitment to not using currency for competitive purposes, respecting monetary policy autonomy, adhering to market-determined exchange rates, and following G20 summit commitments.

What is China's stance on using exchange rates for competitive purposes?

• China uses exchange rates to engage in trade conflicts.

• China has no clear stance on exchange rates.

• China uses exchange rates to boost exports.

• China avoids using exchange rates for competition.

What is discussed regarding the autonomy of monetary policy?

• Both parties should control each other's monetary policy.

• Monetary policy should be decided by international organizations.

• Each party should respect the other's monetary policy autonomy.

• Monetary policy should be determined by market forces.

What is the focus of the discussions in the second section?

• The focus is on trade agreements.

• The focus is on reducing imports.

• The focus is on increasing exports.

• The focus is on respecting monetary policy autonomy.

What principle should both parties adhere to regarding exchange rates?

• Exchange rates should be decided by international consensus.

• Exchange rates should be used to influence trade.

• Exchange rates should be determined by the market.

• Exchange rates should be fixed by the government.

What commitments are highlighted in the third section?

• Commitments to increase exports.

• Commitments to follow G20 summit agreements.

• Commitments to reduce imports.

• Commitments to engage in trade conflicts.