China's large bilateral trade surplus with America proves nothing.
2
美国和欧盟都希望北京升高人民币币值，以削减中国巨额的贸易顺差。
The United States and Europe want Beijing to raise the value of its currency, to trim the Chinese trade surplus.
3
但是，在周三发布的一封信中，奥巴马称，中国对美国的巨额贸易顺差与其对货币价值的操纵有直接关联。
But in a letter released on Wednesday, Obama said China's huge trade surplus with the United States is "directly related to its manipulation of its currency's value."
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