The response by Chen Siwei (former Vice Chairman of the People's Congress and now Chairman of the Global Council for the Future of China), to the remarks of US Treasury Secretary, Tim Geithner, about China's manipulation of the RMB exchange rate, can be translated as follows:
‘I don't quite understand why he had said these unwise words, may be just to get the approval from the Senate. What I know is that he is a smart guy. I just hope he will just talk the talk and walk the walk when he is officially in office”.
The sensitivity is understandably extreme.
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