U.S. mid-term election results released yesterday – by the U.S. Republican and conservative voters dissatisfied with the anger, the successful from the Democratic Party, Barack Obama belongs to the majority of seats in the House of Representatives grabbed the hands of an end to the Democrats in the House only 4 years of ownership. Democrats retain a slight advantage only a relative majority of seats in the Senate.

This results in the United States Council into a “split” so that Obama’s government to promote the complex, so that Sino-US exchange rate issue into a relatively manageable stage.

U.S. mid-term election results, revealing the faint, the next time, Wall Street or in the United States increased economic and financial decision-making affairs discourse, and thus the formation of the international financial situation, the subtle influence.

Confusion and Wall Street’s blue-collar workers “victory”

This session of the Democratic Party came to power when the government launched a number of expenditure policies, they also imply that all problems can be solved, the economy back to the original track, while also addressing the unemployment problem, but in fact the unemployment rate has risen.

It makes a lot of future business investments confusion, and thus slow down the pace of U.S. companies to stop hiring and stop investment, real estate is also a mess.

Huo Taide that the United States on the question, not Afghanistan, not war, has nothing to do immigration, but about the economy.

“Blue-collar workers did not receive tangible benefits not only Obama’s policies have turned the Wall Street mess. Although Obama policy without an error, but it suffered structural problems in the U.S. economy.

In this election, not only frustrated blue-collar workers, Wall Street optimistic about the future Republican administration. According to Xinhua, in Washington, “sensitive centers” statistics, financial and real estate companies in the second quarter of the total political contributions of $ 28,000,000, $ 16,000,000 went to the Republican Party. Senate Republicans re-taking office until after the discussion of the implementation process of the financial regulatory reform bill, the Wall Street lobbying Congress will be more favorable.

In the 2008 financial crisis, Wall Street was roundly criticized, the Democratic Party following the implementation of the government’s financial regulatory reform, tax increase plan that Wall Street headaches. Obama on Wall Street out of a few angry accusations, of course, earned him the support of ordinary people, but also alienated from the White House and Wall Street.

Earlier this year, as the financial regulatory reform legislation forward, the face of their own interests might be damaged during a move Wall Street to support the Republican Party gradually open, this mid-term election results be achieved initial success.

Exchange rate basically controlled

In the mid-term elections, both houses of the United States into a “lame duck” period, before the RMB exchange rate adopted by the bill HR 2378, Huo Taide said he doubted whether the bill is passed in the Senate, “there will be many sound and questions, particularly in the ‘lame duck’ period of time can be filed if the motion is also a problem. ”

“I hope next year, there will be other events, to weaken the importance of the exchange rate issue.” Huotai De said, Moreover, China also agreed to the Group of Twenty (G20) summit in the framework of this matter, this is a good signal.

The bill in the new Congress, bills from the legislative process to become more difficult.

In addition, the upcoming G20 summit is a buffer. If the U.S. currency together with other countries to form alliances to counter China’s political considerations, I am afraid that another attack will stimulate the U.S. Congress, the possibility also exists.

But Chinese President Hu Jintao’s visit to the U.S. early next year activities, at present, both as an important state visit, so for this atmosphere, at least at the government level are more controlled, the Chinese side will do certain gestures, the RMB exchange rate issue in the United States will not Like the first two months so fast.

Author Bio: I am a professional editor from China Suppliers, and my work is to promote a free online trade platform. http://www.frbiz.com/ contain a great deal of information about undermount double bowl sink,retractable hose reel,hose reel cart, welcome to visit!

Category: Business
Keywords: undermount double bowl sink,retractable hose reel,hose reel cart,