The RMB appreciated 0.87%in 3 days, will there be a possibility of rising?

This is not good. The reason why the appreciation of the renminbi is affected by many factors, and these factors will change in the future! For example, if the euro, the yen, the pound, and other pounds will continue to be appreciated accordingly, the dollar will be appreciated accordingly, the RMB will naturally depreciate, and if the situation in the United States improves, the US dollar will appreciate, and vice versa! And these are one of the many factors that affect the appreciation of the renminbi or depreciation. How can it develop in the future and who says it?
So will the renminbi continue to appreciate and talk about my opinion:
The relative advantages of one country reflected in the exchange rate and the world It is basically positive for long -term rise. It is a probability event for RMB against the US dollar to break 6, but it depends on how high it can go. It depends on the US dollar policy. The exchange rate is not a big problem regardless of whether it is higher and lower. The problem is that the RMB appreciation is too fast. In addition The lowest level is the lowest. As for comparison with Europe and the United States, the significance of comparison is not much meaning. Western Europe eats old books, Nordic is too special, and the United States works. This is actually more meaningful to itself.
The appreciation is definitely a good advantage!
mainly depends on how the future plan is? The advantage of appreciation is that national purchasing power is enhanced (after all, buying foreign things is cheap), and it can attract foreign investors to continue to hold RMB. This is the key. my country has been pushing the RMB internationally. There are still problems, but the spread and appreciation can continue to attract investors, which has been buffered to the internationalization of the RMB. Although appreciation will reduce exports and trade that is originally difficult, there is no way. This is the pain of the internationalization of the RMB. , Need to transform yourself. The main reason is that China's dependence on exports has decreased and international trade has decreased, and the significance of maintaining a low exchange rate is weakened.
The videos of Zhai Dongsheng mentioned an important point a few days ago, "the surplus can be exchanged for GDP", we first assume that Zhai is right. Then China's large surplus has become a burden, which is mainly manifested in the low price of the RMB in the international market. According to my calculations, in 2018, the RMB purchasing power was 1.51 times the US dollar. In other words, China's large surplus depends on the profit of 1/3 of export goods. As the competitiveness of Chinese manufacturing rises, it is not necessary to maintain such a low exchange rate.
Is when the country began to enter a large number of high -value -added industries, appreciation was necessary. Japan deliberately pressed the promotion to protect the domestic low value -added industry. After this process, I have to say that the decline in Japan at that time was not because of appreciation. The root cause was that it was raised too fast, and I was under pressure before. We slowly rise after all. Individuals also feel that depreciation is more favorable. After all, exports are more than import trade. It has nothing to do with ordinary people in China. There is no change in prices. Traveling abroad is saving money from international students. Compared with the US exchange rate in the United States, it is the tip of the iceberg.
This Chinese enterprises are selling the same price and earning the same money, but it is expensive for foreign countries, so Chinese companies will lose their market share, and at the same time, foreign companies will recover. Of course, China's imports are cheap, but China only imports raw materials, etc., accounts for not high production costs, and the impact is not too great.
1. Increased exports of China will inevitably lead to an internal flow of capital. The central bank has a large number of selling currency in order to maintain the exchange rate in order to stabilize the exchange rate (the exchange rate is the export of the export of the export. Increase, which leads to inflation.
2. In order to ensure that the people's lives are not too difficult, daily necessities will inevitably control the price of daily necessities. At the same time, the government will inevitably control the price of raw materials for industrial and exported goods. However, there are places to go because of foreign exchange accounts for foreign exchange. After all, it cannot be blocked, and it will rise again and there will be. Therefore, the government uses these more currencies in the property market and create a big cow to absorb inflation. So if you feel that prices have risen, you have to thank the property market price rising, because there is no house price rising, prices will rise even more exaggerated.
The lack of core technical products in China, mostly cheap alternatives, appreciation will now weaken China's trade, which is greater than us for us.
It said that it affects exports. Since the products we produce are just needed, since we produce the world's largest industrial products, the pricing power is in our hands. Is the United States a 25%tariff, does it affect the export of the United States? Since 20 years ago, I heard the news of bankruptcy of coastal export processing companies every year, exporting companies have been the most difficult every year, and they have shouted to affect employment every year. As soon as the salary was guaranteed, he shouted the use of workers, and the exchange rate called the unemployment tide. I am afraid that our policy is abducted by these processing export companies. Can we appreciate the RMB to drive industrial upgrading and the development of high -end tertiary industries?
The key also depends on whether China needs to grow more than the past.
It personally, China's relying on a large amount of trade surplus has accumulated a period of home. I think it has passed this stage ten years ago. In other words, China does not need so much dollars in their hands. In this case, the appreciation of the renminbi, expanding imports, expanding the import of resource materials, and importing to meet people's livelihood, spending the US dollar in the hand, and using banknotes to exchange resources. It should be a good thing. At present, the national development policy has been adjusted to expand internal circulation and reduce external dependence. Therefore, the current RMB appreciation is beneficial.
The appreciation and depreciation of the RMB exchange rate now depends on the US dollar. And opposite. The reason is simple, the dollar is still internationally dominating currency. The appreciation of the renminbi is the export of China, which is exciting only the Chinese consumer market abroad, which often plays the opposite role in China. Furthermore, the exchange rate in China is still a car running on the two roads.
Then long -term RMB is a slow appreciation process, because it is necessary to pay attention to internal circulation and slowly move from the world factory to the world market, and the import amount will continue to increase. Popularly say that the appreciation of the renminbi is a large extent to a large extent. There is also a good control of our control. Foreign capital enters China, which leads to the rapid appreciation of the currency and the duration for a long time.
In personal perspective, the short -term impact of spending RMB is not great, and it is appropriate to spend the dollar. From the national level, importing enterprises make a profit, and the exporting enterprises are suffering. But the problem is: China is a country exported greater than imports, and the benefits brought by imports are far less than the loss of exports. So the overall is not good for the country's economy. So the central bank's various exchange rates. Other aspects: Japan was drowned like this that year, and I believe that the country will not repeat the same mistakes. In fact, as long as the internal circulation is in place, this game will be broken. That is, all the things we produce are solved internally, and of course this is impossible.
The biggest feature of China is the toughness. The previous war and the years of forbearance have fully explained this. This battle will be painful, but it will never be able to break China. The biggest problem in China is the various hidden problems brought about by high -speed development in these years. This is what we should solve quickly, but one of these problems will cause countless chain problems. It is time to solve it quickly, and we must carefully stabilize, so this has caused greater contradictions.

Renminbi is still likely to rise, because countries around the world have gradually declined.