Vietnam's decision to devalue its currency by 5 per cent last week to protect itself from undervaluation of the Chinese renminbi, and the worried response from Thailand and other Asian countries, suggests the move towards global trade conflict may already be unstoppable. As one group of countries seeks to gain or maintain trade advantage by manipulating their currencies, the historical precedent suggests that countries that are not able to devalue will respond with trade protection, especially tariffs and other barriers, and global trade will suffer.
上周，越南决定将本币贬值5%，以保护自己免受人民币汇率低估的影响，泰国及其它亚洲国家对此的反应十分不安，这些情况说明，manbetx app苹果 贸易冲突的爆发可能已无法阻挡。历史经验表明，当一些国家寻求通过操纵本币汇率以获得或保持贸易优势的时候，那些无法对本币贬值的国家，将以贸易保护政策（尤其是关税及其它贸易壁垒）来应对，从而使manbetx app苹果 贸易蒙受损失。
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