文档介绍：TheAppreciationofRMBI・BackgroundAbstract:Exchangerateissuchanimportantissuewhichcloselytothe:,umulatedalotoffavorabletradebalanceandforeignexchangereserves・・WiththedevelopmentofChina'seconomy,internationalpressurefortheappreciationoftheChineseyuanhasbeengrowinginrecentyears・plexproblemconcerningtheinternationalsociety,andpoliticalandeconomicinterest・ThemainreasonsfortheappreciationareChina,sforeigntradesurplusandhugeforeignexchangereservesformanyyears・Keywords:RMBappreciation,Exchangerate,economy,tradesurplus,exchangereserves,influence,tradebalance,bubbleeconomy,employmentpressure,domesticprices,dependence,double-edgedsword,flexibly,structureofforeigntrade,expanddomesticdemand,stimulateconsumptionII・TheinfluencemadebytheAppreciationofRMBItwillaffectChina'stradebalance・ItwillcauseChina,'sforeignexchangereserves・,'sdomesticprices・InrecentyearswecanalwayshearthevoiceofappreciationofyuanfromtheUSA,wealsohearthattheChinescGovernmentisdoingitsbesttosafeguardthestabilityoftheRMBexchangerate・ButisitgoodforRMBtoappreciate?Let'smakeanexample・Hypothesis,theexchangeratebetweenyuanandthedollaris7(Y/$),thatmeansifwewanttobyacupvalued1dollarinAmerica,weshouldspend7yuan・AndifRMBappreciates,theratechangesto6(¥/$),thatmeanswecanjustspend6yuan・,fromAmericanresidents'view,itismoreexpensivetobuyChinesegoods・SoChins'simportwillincreaseandexportswillbereducedwhichwillbringgreatharmtoChina/'svitalinterestsanditseemsthatmoreandmoreChineseresidentsstarttopayattention