Its exchange-rate regime, which pegs the Renminbi to the US dollar, was blamed for the mounting US trade deficit. Never mind that America's bilateral trade deficit with China, even including Hong Kong, accounts for less than one-fifth of the total US deficit: growing imports from China and more direct investment by US companies supposedly fueled US unemployment.
近些年来，中国在美国大选中常常难逃厄运，成了总统候选人们煽动民众情绪的牺牲品。中国实行的将人民币与美元挂钩的汇率政策，被说成是美国贸易赤字的罪魁祸首。更不用说美国与中国的双边贸易赤字，甚至连香港的份额也被算了进来，据说这占到了美国赤字总额的近五分之一：日益增长的中国商品进口和美国公司的直接投资被看作是失业率居高不下的元凶。