由于中国人为制定低货币汇率政策，使中国保持有巨大的国际收支经常项目顺差。
Because it pegs its currency at an artificially low rate, China is running massive current account surpluses.
国家必须支持出口产品升级，但是不能使用货币汇率政策，而应使用财政政策如出口退税，加速折旧等。
The state must support export product upgrading, but not the use of currency exchange rate policy and fiscal policy should be used as export tax rebates, such as accelerated depreciation.
他们认为亚洲经济体正在有目的地奉行压低货币汇率的政策，从而确保出口拉动经济增长的强劲势头。
They argue that Asian economies are pursuing a deliberate policy of currency undervaluation to ensure strong export-led growth.
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