药品批准文号转让估值:帮忙翻译一下这篇文章，这可是有关我的论文是否通过啊．大恩大德，永不忘！

Gradual is the key word . Most economists think the yuan be allowed to appreciate another 3% to 5% in 2006. That follows the roughly will be 3%appreciation since last July . This won’t be enough to quiet China critics in the West , but it is a step in the right direction . Also , as Chinese living standards improve , consumers likely will start buying more foreign goods , which will also cut down its trade surplus .

Washington may have no alternative . If the U.S. punitive tariffs on Chinese goods , Beijing will surely ratanate . Mess tanns will eventually get passer among to consumers in both countries , and thereby depress growth . Should things really turn nasty , the Chinese could find other long –term fixed investments its central bank holds . That would put upward pressure on U.S. interests.

JUST TALK ? Most economists think as China continues to prosper it will import more goods and lower its trade surpluses significantly .The U.S., meanwhile , must boost its savings and depress consumption of imports , a far tougher task .

So when Hu visits the U.S., this month , expect plenty of heated language and a bit of brinkmanship about unfair trade and Chinese mercantilism . But any luck it will be just talk with little real action that could ultimately inflict serious damage to both sides .

Brian Bremner is Business Week’s Asia Regional Editor based in Hong Kong .

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