How to write a background and research review on the impact of RMB appreciation on imports and expor

Legal Analysis: First, China regrets that its dollar assets have shrunk severely. China's foreign exchange reserves now exceed one trillion US dollars, of which US dollar reserves account for about 70%, and China has purchased more than $900 billion in US Treasury bonds.

The U.S. "quantitative easing" has depreciated the U.S. dollar sharply, resulting in heavy losses in China's U.S. dollar assets. From June to early November 2010, the U.S. dollar depreciated by 3% against the renminbi, costing China's foreign reserves and holdings of U.S. Treasuries $54.6 billion and $27 billion, respectively.

The second is to impact China's foreign trade exports. The renminbi returns to the US dollar by one percentage point per liter, and China's foreign trade exports will fall to. As a result, the imbalance in China's import and export growth rate has intensified, with the growth rate of exports far lower than the growth rate of imports, and the trade surplus tending to shrink.

The third is to exacerbate inflation in China. The U.S. move has pushed up international commodities. China's already high inflation rate has risen further since November 2010 due to imported inflation.

At the same time, China's cost of paying for imports has increased significantly. For example, due to international oil prices, China will need to spend billions of dollars more on oil imports every year in the future.

Fourth, bear the risk of more international hot money inflow. Experts estimate that 40 percent of the $600 billion issued by the United States will flow into China through various channels. The influx of hot money will exacerbate the asset bubble in China's capital market, leaving evil consequences and hidden dangers for China's economy.

Legal basis: Regulations of the People's Republic of China on the Administration of Renminbi

Article 2 The term "renminbi" as used in these Regulations refers to currency issued by the People's Bank of China in accordance with law, including banknotes and coins.

Those engaged in the design, printing, issuance, circulation and other activities of the renminbi shall comply with these Regulations.

Article 3 The legal tender of the People's Republic of China is the Renminbi. No unit or individual may refuse to accept all public and private debts within the territory of the People's Republic of China in renminbi payment.

It means that we make less money, the general export ** is settled in US dollars, assuming that in the past we exported 1 ton of potatoes needed 1000 US dollars, but now the RMB has appreciated, now the export of 1 ton of US dollars can only be exchanged for 900 US dollars, and the purchase of US dollars has not changed, so the same export volume, the appreciation of the RMB has reduced our purchasing power!

Our country has bought a large number of dollars into the national treasury, but these dollars will definitely become less and less valuable.

After that, China's export competitiveness will decline. In other words, the United States will import as little as possible. All in all, the appreciation of the renminbi is not good for our country, our country is forced to appreciate, so I don't know if it will work, I hope to give a share.

Export costs have increased, competitiveness has decreased, exchange rate risks have increased, and corporate profit margins have fallen sharply.

I don't understand this very well, so please ask for advice.

For the ** company, there is less money to make....