Can anyone explain the harm of RMB appreciation?

If the RMB appreciates, the same thing will be expensive for foreign consumers, and many foreign businessmen who import Chinese goods will reduce their imports from China, because they will spend more money to buy the same amount of goods, so the appreciation of the RMB will directly affect China's exports.

There is not much impact on domestic consumption.

The appreciation will also bring a large number of foreign goods, because foreign exporters find that the yuan is more and more valuable, and they can exchange their things for more and more yuan, so we people in China will feel that it is cheaper to buy foreign things than before.

The appreciation of the renminbi will lead to an increase in imports and a decrease in the inflow of foreign exchange.

The appreciation would also bring China's current foreign exchange reserves down in relative terms, as the same amount of foreign exchange was converted into less renminbi.

It should be that, maybe some of it hasn't been mentioned, I hope someone else will come**.

There are four goals for the healthy development of the country's economy: currency stability, economic growth, unemployment and a surplus and deficit in exports.

As a country, it is unrealistic to achieve these four goals at the same time, always at the expense of one aspect to satisfy the other, based on the current state of the economy

For example, if the renminbi appreciates, then the economic growth rate will slow down, the unemployment rate will rise, and the country's surplus will decrease or the deficit will increase

1.Due to the relative cheapness of imported manufactured goods, it is not conducive to the development of national industries for domestic import substitution;

2.Due to the low cost of imports, there is an influx of general consumer goods, resulting in a deficit in the balance of payments.

Clear answer: RMB appreciation refers to the appreciation of the RMB exchange rate. There are two meanings about the appreciation of the renminbi, that is, the internal appreciation of the renminbi and the external appreciation of the renminbi.

The so-called domestic appreciation of the renminbi refers to the enhancement of the purchasing power of the renminbi currency, which is measured by economic indicators as a decline in the domestic price level, and the decline in prices is reflected in the price index, such as the most commonly used consumer price index CPI will decline, from the perspective of the common people, it is "money is more spent".

The so-called appreciation of the renminbi refers to the decline in the exchange rate of the renminbi against foreign exchange, which is the reduction of the amount of renminbi that can be exchanged for 1 US dollar under the direct pricing method.

Expansion: The exchange rate is the exchange of the currencies of two countries from a professional point of view, as we all know, since it is the first country, it should follow the law of value, and fluctuate up and down around the value, so from the perspective of the essential requirements of the exchange rate, like other countries, the exchange rate will fluctuate up and down with the change in the supply and demand of the foreign exchange market.

That is to say, the familiar RMB exchange rate has adopted a fixed exchange rate system for a long time in the past, while most major settlement currencies such as the US dollar, British pound, and Japanese yen have adopted relatively large exchange rate fluctuation space.

Renminbi appreciation encyclopedia.

It is easy to lead to inflation, which affects exports and people's consumption levels.