Tell us about your views on the appreciation of the renminbi

Renminbi appreciation: The performance of the increasing purchasing power of the renminbi.

Don't simply think that the appreciation of the renminbi is good for us, everything has two sides, whether the renminbi rises or falls, there are unilateral positive and negative effects, simply put, the depreciation of the renminbi is beneficial to exports and is not good for imports, and the appreciation of the renminbi is not good for exports but good for imports.

What impact are you talking about? Is it work, business, or our lives?

Here I can only tell you briefly that a proper appreciation is a little good for the people, because imported things are cheaper, which is conducive to improving the quality of life.

But many things cannot be considered unilaterally, and many things are directly or indirectly related.

Let's be concerned about inflation.

The ideal is very plump, the reality is very skinny, in today's society, everything is inseparable from money, you can't do things without money, you can't marry a wife without money, so we deal with money the most. The rapid appreciation of the renminbi has indeed had a relatively large impact on our livesThe biggest advantage is to promote import and export, and the disadvantage is that the money is worthless.

The history of the development of the renminbi is also relatively long, from the initial cent, one cent, one cent, to the current one, one hundred yuan, which shows that the people's living standards have improved, and the previous currency can no longer meet the people's consumption.

The United States is a superpower, and one dollar in the United States can be worth about 7 yuan in our country, which is the difference between an economically developed country, and even the money is superior to others.

But since the outbreak of the pandemic, the renminbi has appreciated rapidly, bringing different benefits and disadvantages. Compared with the currencies of some underdeveloped countries, the exchange rate of one yuan is even higher, and one yuan may be worth several dollars abroad.

I don't know if our country has foreign debts, but if there are foreign debts, the appreciation of the renminbi can reduce the pressure on our country to repay its debts.

It can promote the development of the national economy, because the appreciation of the RMB reflects the strength of a country, so many countries will choose to import relevant materials from China.

The appreciation of the renminbi will make the price of **, maybe what used to be bought for 100 yuan, now need 150 yuan to buy.

The appreciation of the renminbi may make the existing currency insufficient to meet consumption, so the country will consider printing more than 500 yuan or 1,000 yuan.

The strength of a country is reflected in various aspects, and the most impressive thing is money. The value ratio of a country's money reflects how far that country has surpassed another.

The last thing I want to say is that the renminbi is issued by the stateIt symbolizes the dignity of the country, so we should take good care of the renminbi and not tear up or burn it.

It is conducive to the progress of life, and it is also beneficial to investors, which will allow investors to win a lot of money, but the impact on real estate is very large, because real estate will lose a lot of benefits.

If the renminbi appreciates, we can increase our imports and avoid the phenomenon of unsalable, but the disadvantage is that the profits of enterprises will be reduced, exports will become difficult, the financial market will be affected, and the employment pressure will also increase.

It also has a certain impact on our lives, and so that people can spend more money to buy some of the products they want to buy, and can buy more products with a small amount of money, but in this case, it will also lead to the continuous rise of the product.

The interest is that the money in our hands is becoming more and more valuable, especially in the international **. The disadvantage is that because our money is becoming more and more valuable, many people abroad may not want to do business with us anymore.

The more favorable part is that the income has increased and the purchasing power is stronger, and the worse part is that the employment pressure has increased, and the price will increase accordingly.

The appreciation of the renminbi exchange rate is a great thing for us poor people.

1. Advantages of RMB appreciation:

2. For some Chinese enterprises that issue foreign debt denominated in US dollars, the external debt pressure they face has been reduced.

2. Disadvantages of RMB appreciation:

1. The appreciation of the renminbi will have a certain degree of impact on China's export-oriented enterprises, and even a devastating blow.

2. A large number of domestic and foreign investors may go to China to speculate in real estate when they see the trend of RMB appreciation, and the influx of a large amount of funds will not only make the real estate bubble blow bigger and bigger, but also affect the stability of the financial market.

3. Advantages of RMB depreciation:

2. The cost of foreigners visiting China has been reduced, which has promoted the development of domestic and foreign tourism.

Fourth, the disadvantages of RMB depreciation:

1. Domestic prices appear, leading to inflation.

2. There will be a large outflow of funds, and the financial market will be unstable.

The appreciation of the renminbi mainly refers to the renminbi relative to the US dollar.

of the exchange rate appreciation. If the current exchange rate of the renminbi against the U.S. dollar is:1, if the renminbi doubles, then the exchange rate of the two will become:

1, that is, now the yuan can be exchanged for 1 US dollar. Changes in exchange rates can have a big impact on a country's economy. If the renminbi appreciates twice, for China's exports, it means that China's exports have doubled, because it used to cost only one dollar to buy yuan from China, and now it takes two dollars to buy yuan things, which is twice the money.

Therefore, the appreciation of the renminbi will have an adverse impact on China's exports, and if the renminbi appreciates now, it will deal a big blow to China's attraction of foreign investment, and China's economic growth will drop by at least 2 to 3 percentage points.

At the same time, the appreciation of the renminbi and the production cost of exporters.

and labor costs will increase accordingly, and the appreciation of the renminbi exchange rate will reduce the profit margins of Chinese companies.

Increase the pressure on employment.

If the renminbi is higher than the previous purchase rate, it is the renminbi appreciation. For example, in the past, ten yuan bought a pound of meat, but now ten yuan can buy a pound and a half of meat, which is the appreciation of the yuan. On the contrary, in the past, one yuan was used to buy one pound of rice, but now it takes two yuan to buy one pound of rice, which is the depreciation of the yuan.