The Gulf states need to get rid of their dollar peg now.

海湾国家现在该放弃他们的紧盯美元的政策了。

The underlying mismatch between any oil exporter and a dollar peg.

任何盯住美元与石油输出者之间的错位可能。

They fret that to discuss alternatives to the dollar peg is to undermine confidence in it.

他们担心讨论港币替代货币会破坏对港币的信心。

But they would not address the underlying mismatch between any oil exporter and a dollar peg.

但他们将无法应付任何盯住美元与石油输出者之间的错位可能。

China, which abandoned its dollar peg in 2005, has accelerated the pace of the yuan's appreciation.

2005年放弃盯住美元的汇率政策之后，中国已经加快了人民币的升值步伐。