Chinese currency appreciation should take a gradual and controllable path The over appreciation of the renminbi will cause turbulence in the Chinese economy,said Chen Deming,Vice Minister of Commerce,during the Third ...Chinese currency appreciation should take a gradual and controllable path The over appreciation of the renminbi will cause turbulence in the Chinese economy,said Chen Deming,Vice Minister of Commerce,during the Third China-U.S.Strategic Economic Dialogue held in the middle of last December. However,directly after his remarks,the Chinese currency took a sudden rise.On January 14,the average value of the yuan。展开更多
The change of import and export trade of Chinese enterprises actually reflects the appreciation and depreciation of RMB,which are closely related to the total volume of import and export trade of Chinese enterprises a...The change of import and export trade of Chinese enterprises actually reflects the appreciation and depreciation of RMB,which are closely related to the total volume of import and export trade of Chinese enterprises and the formulation of corresponding foreign exchange measures.Generally speaking,the rise of the RMB exchange rate means the appreciation of the RMB is conducive to imports,while the decline of the RMB exchange rate means the depreciation of the RMB and the decline of the price of export commodities,so it has a greater price advantage and is conducive to exports.Chinese enterprises should correctly grasp the rise and fall of RMB exchange rate and carry out import and export trade reasonably when developing abroad.展开更多
文摘Chinese currency appreciation should take a gradual and controllable path The over appreciation of the renminbi will cause turbulence in the Chinese economy,said Chen Deming,Vice Minister of Commerce,during the Third China-U.S.Strategic Economic Dialogue held in the middle of last December. However,directly after his remarks,the Chinese currency took a sudden rise.On January 14,the average value of the yuan。
文摘The change of import and export trade of Chinese enterprises actually reflects the appreciation and depreciation of RMB,which are closely related to the total volume of import and export trade of Chinese enterprises and the formulation of corresponding foreign exchange measures.Generally speaking,the rise of the RMB exchange rate means the appreciation of the RMB is conducive to imports,while the decline of the RMB exchange rate means the depreciation of the RMB and the decline of the price of export commodities,so it has a greater price advantage and is conducive to exports.Chinese enterprises should correctly grasp the rise and fall of RMB exchange rate and carry out import and export trade reasonably when developing abroad.