Why does the United States frequently want the renminbi to appreciate?

Updated on Financial 2024-02-09
13 answers
  1. Anonymous users2024-02-05

    Because the United States is now in a huge deficit in China's foreign trade. If the renminbi appreciates, the situation will improve.

    Something similar happened to the Japanese back then.

  2. Anonymous users2024-02-04

    Its purpose is to hinder the large-scale entry of Chinese goods into the United States, reduce the deficit, and the appreciation of the renminbi will cause China's exports to foreign goods to increase, and the competitiveness of international commodities will weaken, if, when the exchange rate is 1 US dollar to 8 yuan, such as the cost of domestic production of a commodity is 80 yuan, and the cost of selling 10 US dollars in the United States is 10 yuan to protect the capital, when the exchange rate is 1 US dollar to 5 yuan (the RMB has appreciated), such as the domestic production of a commodity cost is also 80 yuan, In the United States, you must sell 16 US dollars to protect the capital, at this time, the same goods for American consumers ** rise, buy less, so that China's exports will decrease, international competitiveness will be weakened, and the development of domestic production will slow down. This will affect the development of the domestic economy. Everyone discussed it from the perspective of import and export.

    Of course, the appreciation of the renminbi mainly affects imports and exports, but there are other benefits of appreciation for the United States. The first thing to bear the brunt of is "hot money".

    China is the country that attracts the most foreign investment in the world, and everyone invests money in China to make more money. They earn RMB in China, but they spend basically in their own country, in their own currency. Therefore, they have made a lot of money by investing in China, but they still want to earn additional money through the appreciation of RMB, which is the reason why they are enthusiastic about RMB.

    Therefore, the economy sways politics, and they put pressure on the best to get their own interests.

    There are other influences, I have to go to work, and I'll talk about that later. Return.

  3. Anonymous users2024-02-03

    The renminbi appreciated, and the dollar depreciated relatively speaking. First of all, it devalued China's foreign exchange reserves of nearly 800 billion US dollars, and the last 2% appreciation caused China to lose more than 15 billion US dollars. Secondly, the export of Chinese products is more difficult than before, of course, imports will be cheaper, but China's exports are greater than imports, so we are the ones who suffer.

    Third, the small appreciation of the renminbi has not changed much for us ordinary people.

  4. Anonymous users2024-02-02

    Those who say that what is good for the people are one-sided and superficial. The country has suffered, but how can the people of the country be good? What logic.

    1. How many people mainly buy imported products? 2. If your company is an export enterprise, if the company's profits are reduced or even bankrupt, is it good for you?

    Could it be that most of the Chinese people can afford to travel to the United States? How many people can travel to the United States? Therefore, the appreciation of the renminbi is not good for China and most of the people, but only for some people.

    Foreign exchange reserves: Because China's exports are more than imports, the so-called surplus is relatively large, which will inevitably lead to an increase in foreign exchange. Foreign exchange is that the export enterprise sells products to American customers, the customer trades in US dollars, and then the entrepreneur returns to the country to the bank to exchange the US dollars back to RMB, and the US dollars received by the bank are foreign exchange.

    Because of the surplus, so the bank has more and more dollars, pay attention, ** the bank's RMB is not enough to print money, so too much foreign exchange will cause domestic inflation, a country that is, ** surplus too large will cause inflation. The reason why China buys U.S. Treasury bonds is to let the U.S. dollars in its hands flow back to the market, and if it does not return to the U.S., it will have to print U.S. dollars and distribute them to the market, which will cause the U.S. dollar to depreciate and the renminbi appreciate, so an important reason for China to buy a large number of U.S. Treasury bonds is to stabilize the U.S. dollar exchange rate.

  5. Anonymous users2024-02-01

    - The essence of the currency is a general equivalent.

    Finance and money are complex symbols, and there are many reasons why we want to appreciate them.

    To put it simply: money is essentially a general equivalent.

    So both the US dollar and the yuan are general equivalents.

    We can say that the dollar is a cow and the yuan is a sheep.

    Previously, 1 cow could be exchanged for 3 sheep, referred to as 1 cow = 3 sheep.

    Now 1 cow = 2 sheep.

    After the renminbi appreciates, our foreign exchange reserves are cattle and we want to exchange them for sheep.

    If we trade the same number of cattle for fewer sheep, of course we lose.

    That's equivalent to the other party in exchange giving us less things, and they earn.

    When the value of sheep increases, we will get less sheep in exchange for something of equal value (sheep are valuable to us, cattle are just symbols).

    Hope you understand a little bit.

    1.The appreciation of the renminbi will cause the country to lose and the people to gain.

    This sentence is partly true, for the import enterprises, we are the profit.

    You know that.

    For ordinary people, or for consumers, the price index (CPI) affects our purchasing power, for example: celery yesterday 2 catties, today 4 catties, you suffer.

    It is not directly related to the appreciation of the RMB exchange rate.

    The second question is the question of why there are so many reserves.

    It's very simple, just like everyone wants to keep money in the bank.

    Because I have money in my hands, my heart is steady!

    Is it possible to exchange 1 million yuan for rice and pile it at home.

    It's the same in international relations, we hold the world's common currency, the 'dollar', and we are the creditors of the United States, to put it simply, we are the creditors of the United States.

    Then you also have to ask: why not take the euro, the pound. They're even before.

    Quite simply, because the dollar was issued by the United States, the world's largest power, and the dollar was also recognized as a world symbol after World War II. Behind it is a powerful state apparatus (political, military, economic. ) as a backing.

    So holding the dollar, is the safest.

    At least for now, it's the safest.

  6. Anonymous users2024-01-31

    In order to alleviate the pressure of unemployment in the United States, because of the high quality and low price of Chinese exports, American manufacturing workers have lost a large number of jobs. An appreciating renminbi could narrow the gap between Chinese and American goods, thereby reducing unemployment.

    But China is miserable, its competitiveness has decreased, exports have decreased, factories have closed down!

  7. Anonymous users2024-01-30

    To put it simply, the appreciation of the renminbi will make our country's local currency exchange rate rise and foreign exchange rate fall, which is conducive to imports, not to exports, to overseas investment, and not to attract investment.

    However, China's commodities basically rely on exports to make profits, and our country's enterprises (individuals) and other countries are joint ventures, and if the renminbi appreciates, it will not be conducive to exports and attracting investment. Therefore, the appreciation of the renminbi will do more harm than good to our country.

    You say that the people have money to earn, but if the country suffers losses, the losses will ultimately have to be repaid by our people

    There are also countries that have fallen, and the people have suffered even more.

    In addition, our foreign exchange reserves are formed by the accumulation of the difference between exports and imports, for example, our country buys $10 of goods from the United States, and the United States buys $8 of goods from us, and the difference between them is $2, and these two dollars are the foreign exchange that the United States gives us. Over time, the money we have in our hands is a considerable amount of foreign exchange reserves.

    Supplement: This foreign exchange reserve is used to buy other countries' government bonds or something

  8. Anonymous users2024-01-29

    No, it's not good to get money right.

  9. Anonymous users2024-01-28

    China is the largest creditor country of the United States, and the appreciation of the renminbi and foreign exchange reserves have virtually decreased; reducing the competitiveness of China's exports; Reducing America's ** deficit, and so on.

  10. Anonymous users2024-01-27

    It's not accurate on the first floor, because even if the renminbi appreciates, China will not be able to increase US imports, because China produces low-end goods, and the US will never produce again, and these jobs will be lost to Southeast Asia and the like, so the so-called debt problem cannot be reduced.

    At present, the demand for the appreciation of the Chinese people's currency is mainly the need of American politics, and the US leader needs to give an explanation to the domestic voters, and now that the economy is in a recession, the domestic voters need a target to attack, and China is a live target. Moreover, putting pressure on China is conducive to the achievement of US foreign policy, and to put it bluntly, it is just a tool.

    The main reason for the deficit between China and the United States is the embargo of high-tech by the United States on China, and these are high-value-added goods, as long as the United States can export to China, the so-called huge debt is not so much, but the Americans do not want China to acquire these technologies.

    In addition, because China is also an important profit for the United States, the United States hopes to continue to gain more market share, such as the financial industry, Wall Street has a strong ability to launder money, and the purpose of coming to China to pan for gold is very clear, and China has not yet opened its market, so the United States wants to use this RMB exchange rate issue to continue to force China to open up in the financial market.

  11. Anonymous users2024-01-26

    The United States wants the renminbi to appreciate, the purpose is to prevent China's exports, China is now the world's largest manufacturer, and the export of American things is cheap, so the Americans just want to curb the entry of Chinese goods into the United States; Second, promote the export of American products, drive the economic development of their countries, and get out of the economic depression.

  12. Anonymous users2024-01-25

    Reducing China's exports to the United States and increasing U.S. imports to China can also greatly shrink the huge debt owed to China.

  13. Anonymous users2024-01-24

    Restricting China's exports to suppress China's development, the United States does not want China to develop faster, and has been suppressing China.

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