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German Chancellor criticized Japan manipulating exchange rates affirm RMB reform

The 24th annual meeting of the World Economic Forum in Davos, German Chancellor Angela Merkel delivered a speech criticizing the recent introduction of the Abe government monetary easing.Merkel said, "We are raising awareness of the problem of currency manipulation, Japan (monetary policy) is worrying."
German Finance ministers and central bank governors of Japan had also raised similar criticism, the criticism of Japan or will lead to tension between the two countries by name at the annual meeting in Davos.
Merkel pointed out that, "by the discussions of the Group of Twenty (G20) to our request to make a good faith response" compared with Japan, the Chinese government on the reform of the RMB She affirmed.
Some analysts pointed out that Merkel reason to criticize Japan's monetary policy, mainly Germany and Japan in the field of automobile and other export competing, she worried that the yen devaluation of Germany. China's exchange rate by the government control compared with Japan which criticized Japan's approach may be controversial in the international
 



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