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If Wen JB want to walk the talk, in the recent summit of China, Japan, and South Korea, then he should be able to come out with some solutions to the holding of too many US dollars toilet paper problems.|
First he should insist all trade with South Korea and Japan should be in a mixture of yen and yuan.
Second, he should give China exporters rebates of 10-20% for all goods to be exported to Japan, South Korea and Taiwan. This is to divert the exports market of China factories to Japan, South Korea and Taiwan. With more exports being focus into Japan, China manufacturers will be forced to improve their product qualities, and get to build their own brand for overseas market.
Third, he should reduce or cancel all import tax for all goods from Japan and South Korea.
Forth, he should increase tax for all the goods to be exported to US and EU. This is to export inflation back to the US who had exported their inflation into China last year. The tax receipt should be used to subsidise all the food and housing prices to reduce rising inflation due to over printing of US dollars by the US Federal Reserve.
Fifth, he should cancel all the trade cooperation treaty with all south east asia countries, since they are stubborn and prone to engage in anti-China activities. All the US dollars pool to defend against currency speculators which China had signed with ASEAN, should be immediately cancelled, since this only benefits ASEAN and not China.
Sixth, he should increase commodities imports from US, EU, Japan, Taiwan and Indonesia. This is to reduce the US dollars holdings gradually, while reducing China exports to US and EU.
Seventh he should visit Japan every month to find out why and how Japanese can build their cities so clean, and user friendly. Then all mayors of China cities should also visit Japan and Singapore to learn how to dispose of abundant garbage and turn into green cities.
Eight, he should increase import of commodities from Latin America, and reduce the import from Australia, since Australia are also getting into anti-China business.
If Wen JB, did all the above no one will dare to claim China made products are so cheap, since each and every countries will be getting same China made products but with different pricings.