透视人民币汇率之争

Clairvoyance of the Disputes over RMB Exchange Rate

发达国家经济利益需求中的转嫁经济问题,形成西方发达国家指责人民币升值的背景。然而,中国出口竞争力强劲的原因并不因美元贬值所致,美国对外贸易逆差剧增的原因也不在于中国的人民币汇率政策本身,中国更不是全球通货紧缩的始作俑者。相反,稳定的人民币有利于自由贸易、吸收外资、进而优化国际分工,同时缓解全球通缩。

the transferring economic problems in economic interest of developed counties form the background for western developed countries' censuring the appreciation of Renminbi. However, the strong competitiveness of China's exportation does not result from the depreciation of US dollar, while the imbalance of American Foreign trade is not the result of China's exchange rate policy Renminbi. China is not the starter of global deflation. On the contrary, the stable Renminbi is beneficial to the free trade, foreign capital introduction, which will optimize international division of labor and ultimately relieve the global deflation.