What are the risks that could arise from a rapid and sharp appreciation of the renminbi 10

It is easy to attract a large number of foreign hot money to invest in China, accelerate the sharp rise of real estate and other financial industries, just like Japan in the 80s, when China's economy continues to grow, the price level continues to rise, the original purchase, real estate and other financial assets appreciate sharply, foreign capital forces can sell their assets in China, so that they can be exchanged for more RMB, coupled with the appreciation of RMB, can be exchanged for more US dollars, China will suffer huge losses! If in 2004, the renminbi was 8:1 against the US dollar, and a large foreign consortium bought China's real estate for 10 billion US dollars, it could buy 80 billion yuan in assets.

By 2008, the value of real estate ** tripled, and the assets worth 80 billion yuan rose to 160 billion yuan, and by 2008, the RMB exchange rate for US dollars reached 7:1, and the 160 billion yuan could be exchanged for 100 million US dollars, so this foreign consortium drilled out 100 million US dollars, which is a consortium If multiple consortiums invest in China at the same time, China's losses will be greater. This is how the Japanese economy in the 80s was manipulated by the United States!

It's just an assumption, and we can't get the data!

The expectation of the appreciation of the renminbi has caused a large inflow of international hot money, and the rapid entry and exit of international hot money in a short period of time will greatly harm China's financial security. The Asian financial crisis some time ago was triggered by this hot money. The other is to deal a heavy blow to China's export-oriented manufacturing industry, most of China's export products are low value-added products, very sensitive to the exchange rate, the rise in the exchange rate has made Shenzhen and many other export-oriented manufacturing industries in a semi-suspended state.

Made in China"The cost advantage is weakened.

The profits of export enterprises fell sharply.

At present, the renminbi is appreciating externally and depreciating internally (purchasing power is decreasing).

The rapid appreciation of the renminbi will affect the stability of the exchange rate market and affect many export enterprises, so the central bank has taken decisive action to curb the momentum of rapid appreciation of the renminbi.

With the development of China's economy, the appreciation of the renminbi is very obvious, and the appreciation reflects that the renminbi is becoming more and more valuable, but there are many disadvantages in appreciating too fast. Many export enterprises do not make much money from exports because the RMB appreciates too fast, and the RMB appreciates too fast, which is easy to cause instability in the exchange rate market, resulting in many people speculating on the RMB, which is not beneficial to China's economic development. <>

First, the rapid appreciation of the renminbi will affect export enterprises. The development of the epidemic has affected the industries of many countries. China's epidemic prevention and control is very in place, and the industry recovers quickly, so it has received a lot of overseas orders, but many export companies have not made money, mainly because the appreciation of the RMB is too fast, and many enterprises are settling foreign exchange in US dollars, resulting in very little RMB after the money arrives in China, so the rapid appreciation of the RMB has a great impact on export enterprises.

The rapid appreciation of the renminbi will lead to a decline in the profits of many export enterprises, resulting in the reluctance of export enterprises to continue to do, which will have a great negative impact on the entire industry. <>

Second, the rapid appreciation of the renminbi will lead many people to speculate on the exchange rate and accumulate a lot of risks. Many countries' currencies will have a variety of trading markets, the rapid appreciation of the RMB exchange rate, so that many international speculators see the opportunity to make money, many people are investing in the foreign exchange market, trying to bet on the appreciation of the RMB, which leads to China's foreign exchange market is very hot.

The speculation on the exchange rate will accumulate a lot of risks, increase the cost of many enterprises, and produce many adverse consequences, so in order to avoid this risk, the central bank will act decisively. <>

Third, the stability of the renminbi exchange rate is beneficial to China's economic development. If any country's economy wants to develop steadily, the exchange rate must be stable, and appreciation or depreciation cannot be too fast, otherwise it will have a negative impact on the national currency and will also have a shock on the development of the economy.

In the case that the level of economic development has not been reached, rapid appreciation or rapid depreciation is very detrimental to the stable development of the country's economy, especially in today's economic globalization, this rapid appreciation and rapid depreciation will have huge problems. So we see this rapid appreciation, which actually represents a huge risk that will intensify competition in certain domestic areas. Some manufacturers of export products will join the ranks of competition in the domestic market, making the already fierce competition in the domestic market even more fierce.

The appreciation of the renminbi is not good for exports. One can buy goods from China for $1 billion, and after the renminbi appreciates, foreign importers will have to pay millions more dollars more for the same quality and quantity of goods, and they won't get more.

Because the rapid appreciation of the renminbi will lead to the destruction of the real economy. Although it will bring a bull market to China's economy, the real economy will be hit.

The rapid appreciation of the renminbi will be greatly affected by the fact that the profits of the export enterprises will decline, the competitiveness of export commodities in the foreign market will decline, and the export volume will also decrease accordingly.

If the renminbi appreciates rapidly, it will have a great impact on labor-intensive enterprises, and it will not be conducive to the introduction of foreign direct investment, and the pressure on domestic employment will become greater, and the huge amount of foreign exchange reserves will also face shrinkage, which will affect the stability of the domestic financial market.

In 2010, an American traveled to China and exchanged $100,000 for 680,000 yuan. I spent 180,000 yuan on eating, drinking and being merry in China for a year. In 2011, he was going back to the bank, because the renminbi had appreciated against the dollar to 1:

5, the American exchanged the remaining 500,000 yuan for 100,000 US dollars. Bai played the Chinese once and went home happily.

Of course, it will increase, this is from the export and import of our China's ** foreign exchange is not less.

The influx of hot money from arbitrage hollows out domestic wealth.

Soros and others are waiting in the driver to recreate the Asian financial crisis.

Ha ha.