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discount wholesale jewelry nashville The appreciation of the renminbi or devaluation refers to the rise or decline of the RMB exchange rate.
This is an economics problem. Theoretically, its changes should be in accordance with the changes in economic laws. And it should not be changed by external force. Similarly, it should not change slowly and slowly.
The problems involving the exchange rate of China and the United States are often combined with politics. Therefore, it is derived into a political issue, which indirectly affects Chinese relations.
It can be said that the renminbi is not an international general currency, and it will not have the status of the US dollar. Therefore, the RMB exchange rate is still in the Chinese internal affairs and is formulated by the People's Bank of China according to market laws. Since it is not a exchange rate, it should not interfere with other countries, which is an economic sovereignty in China.
It since reform and opening up, especially after the 21st century, the RMB exchange rate has basically appreciated in accordance with market laws. But the United States now requires RMB to the end for its own interests, which is unacceptable.
The question according to the above questions
q1: I understand your problem as the advantages and disadvantages of the appreciation of the renminbi and the advantages and disadvantages of the depreciation of the renminbi. And the United States and why are you sensitive RMB.
is first for China. The appreciation and depreciation of the renminbi directly affect China's imports and exports. Believe this issue is not difficult to understand. My things are valuable. I save money when I buy something and lose money.
So the benefits of RMB appreciation for China.
a: RMB internationalization is just around the corner, and the renminbi may become international reserve currency.
b: It has the role of treatment for China's inflation.
c: The cost of studying abroad abroad is cheap. China's international status has improved.
D: China's economic strength is improved (not easy to say)
e: control the rapid development speed.
The benefits of the world for the United States
a: The money owed to China is still less
b: due to the hindered export country's unemployment rate because of my country's exports.
c: indirectly destroying China's economic ability to meet the status of the world's world
The benefits to the United States are basically harm to our country:
a: The debt that the United States owes my country is invisible
b: Exit: Export The hindrance has led to an increase in the unemployment rate in China, and the strength of trading companies and the strength of multinational enterprises is challenged.
c: The growth rate of GDP decreases
d: As a result, the domestic economic bubble becomes larger or even exploded, so that my country's economic stagnation
The people here will think of the 1985 US -Japan Plaza agreement.
It, the economy of China is very similar to Japan. In 1985, the British virtue that could not stand on the economic growth of Japan forced Japan to sign a square agreement. Make the yen exchange rate rise rapidly. Although the Japanese economy is indeed very good within a few years, Japanese cars enter the United States, and Japan's GDP becomes half of the United States. However, the economy of Japan collapsed in the 1990s. It was overwhelmed until the actual stagnation of 10 years was completed and slowly grew up.
So China must accept the topic of admission to Japan's lessons to evaluate the appreciation of the RMB.
haute mess jewelry wholesale The depreciation of the renminbi means that the currency is reduced, and the appreciation is increased. Perhaps what we should know is what causes the renminbi to depreciate.
1. The principle of supply and demand, under the market economy, supply and demand is an important factor in determining resource allocation. From the short term, the RMB exchange rate is determined by supply and demand. However, China's RMB exchange rate system is a management floating exchange rate system. Therefore, its ups and downs are the first. The intermediate price issued by a foreign exchange trading center every day is 2%floating up and down. Recently, due to the strengthening of the US dollar, the renminbi has suffered sharply.
2. Political events and political events will also cause the exchange rate fluctuations in a country. For example, the recent Brexit incident in the UK has caused the pound to plummet against the US dollar. The possibility of further falling
3. The economic fundamentals, the reason why the US dollar can become world currency is that he has strong economic strength, so it really depends on its economic strength. There are also US dollars, pounds, euro, yen, etc., which one is not economically developed, so the fundamental exchange rate of a country still depends on its national strength.
wholesale silver plated jewelry supply The United States hopes that the appreciation of the renminbi is fundamentally to protect its domestic industry and ensure employment in the country. In addition, it balances its position on China's international revenue and expenditure deficit through the appreciation of the renminbi. Furthermore, it is depending on the money owed to China: China currently holds nearly $ 800 billion in US Treasury bonds, and the US dollar has depreciated. He is equivalent to paying less money. From a political perspective, the United States put pressure on China, on the one hand, to protect its domestic employment, win voting support for it, on the other hand, to change the international and domestic vision, and find a scapegoat for the international financial crisis caused by the abuse of currency, then Finding China, the United States is not to say that China is a exchange rate manipulation country, and the value of the renminbi has been underestimated for a long time, leading to unbalanced global trade, and even the RMB exchange rate problem is the root cause of the financial crisis.
For China, the exchange rate will even crack down on the domestic export industry. my country's foreign trade dependence is more than 40%, which means that more than 40%of GDP contribute exports. The appreciation of the renminbi means that Chinese products are relatively expensive, so it will affect exports. Moreover, China's export products are mainly labor -intensive products, and the test is to win at low prices.
For the people, the appreciation of the renminbi not only has no disadvantages in the short term, but also the benefits, that is, your imported goods are relatively cheaper, but in the long run, the appreciation leads to a small export, affects domestic enterprises production and operation, and then affect economic growth In the end, it is still unfavorable to the people.
alpha kappa alpha jewelry wholesale It seems good for the people, because the RMB appreciates that we can buy more imports from the current money. However, the disadvantages of state -owned enterprises are the disadvantages, especially export companies: For example, the US dollar and the RMB exchange rate is 700 yuan before the appreciation of 1-7, which is equivalent to foreign importers to buy 100 US dollars. However, if the RMB appreciates, the exchange rate has become 1-6. Since the domestic production cost is already solid, it must be profitable to be profitable. Therefore, because the price is high, the American people will naturally no longer buy our products, causing China's exports to decline, decreased corporate profits, and directly affect domestic employment rates.
Conversely, there are less exports after appreciation, but more imports are more. This is convenient for American products to sell in China, and it directly increases the employment rate of American employment.
wholesale harley davidson jewelry The RMB appreciation is compared to other currencies, as if 1 yuan can buy more dollars, this appreciation cannot be displayed in the domestic market. The popular meaning is that the Chinese people's money is worth it, for example, in the international market (only in the international market can reflect the renminbi purchasing power enhanced), the original one dollar can only be bought for one unit of goods, and after the RMB appreciates, you can buy it. For more units, the appreciation or depreciation of the renminbi is reflected by the exchange rate intuitively. In the most popular in the RMB appreciation, the purchasing power of the renminbi is enhanced
The in other words, you used to use $ 8.27 for one dollar. Now you can only change 6.6795 yuan. Relatively speaking, the depreciation of the dollar is a long relationship.
The international commodities are priced in US dollars. There are "copper, aluminum, natural rubber, fuel oil, gold, zinc and other varieties such as copper, aluminum, natural rubber, fuel oil, gold, yellow soybean 2, soybean meal, soybean oil, polyethylene, palm oil. Ordinary wheat, PTA, cotton, sugar, rapeseed oil and other futures varieties, the US dollar depreciation of international commodities priced in the US dollar will continue to rise. It will affect my country and the world, and input -input inflation occurs. When rising, the renminbi depreciated.