Tuesday, November 16, 2010

Should the RMB appreciation

 Women have  From then on, the renminbi will engage the friction of the U.S. dollar.  First, China's foreign exchange reserves  on China's foreign exchange reserves,UGG shoes, Sun Wu thorough understanding of mainly U.S. dollar reserves only.  However, I do not know specific circumstances:  1, the currency. Now, China's foreign exchange reserves, U.S. dollar, euro, yen and so is the number?  2, location. These foreign exchange deposit (investment) banks in the countries which, company?  3, form. cash, securities, stocks, how much capital each?  4, period. short and long term, the number of indefinitely? - it can not be related to the shot, shot directly or indirectly , shot speed.  5, the interest rate. deposit interest rate? investment dividends (value) situation? the annual interest (dividend) income Total number?  6, In addition, the number of gold reserves, location, do not know.  Second, the source of foreign exchange reserves,  1, external borrowing  The Chinese government is vigorously promoting foreign exchange reserves, external debt situation, but I do not know.  ① .1.4 million in total external debt billion in foreign reserves, how many from the foreign debt?  ② creditors. from which countries, banks, companies borrowed? the number?  ③ currency. the number of different currencies?  ; ④ total amount of .10 years, borrowing, repayment of the cumulative number of countries in various currencies? are the balance outstanding is the number?  ⑤ interest rate each debt is the number? the total number of annual interest expenses ?  ⑥ borrowing purposes,UGGs, actual use, and ultimately how effective?  ⑦ each external debt policy makers, sponsors, through whom all who?  ⑧ continue purposes. China Foreign Exchange Reserve more save more, why external borrowing? why the delay in repayment?  will not be pure in order to build the the balance of 1.4 trillion foreign exchange reserves, the number of foreign investment? what foreign countries, the specific investment objective way, what channel?  3, the trade surplus  1.4 trillion foreign exchange reserve amounted , the number of foreign trade surplus? is obtained from which countries, access to specific manner, the channel is what?  Third, the early repayment of debt  Now, China has reserves of 1.4 trillion U.S. dollars, the annual interest rate ( dividend) income?  Meanwhile, the Chinese outstanding debt? the annual interest expense?  So, should use foreign exchange reserves, in advance, to immediately repay all debt.  Now, the U.S. dollar relative to gold, oil,Bailey UGG boots, sharp depreciation of iron ore.  If the Chinese dollar reserves to repay all of a sudden use of foreign debt, the dollar further full international market supply will lead to an unprecedented surplus of U.S. dollars, an unprecedented fall. , while vigorously promoting thoroughly abandon dollar reserves, it will shake the dollar's international status. , of course, the U.S. dollar is definitely not give up its protectorate of Japan, its major trading partners, and will not abandon the dollar. that is, the dollar is temporary rebound sooner or later, yes.  Fourth, the use of RMB to buy dollars  Sun Wu Toru Law: What what cheaper imports.  At this point, what is the cheapest on the international market? - Answer: U.S.!  opportunity,cheap UGG boots, China issued a large number of yuan in the international market, the direct use yuan to buy (conversion) dollars. This is the RMB the best time to enter the international market!  dollars as the price of Food, oil. If the food, oil as a currency (reference), the dollar is the goods, is now the cheapest goods.  Meanwhile, the yuan more than in the international market, the natural depreciation, and so derogatory to the ( return to) the current price (exchange rate), the will to stabilize, it is conducive to China exported.  This is a double-edged sword trick, Sunzhao!  five gold sales  Sun Wu Toru Law: What is expensive to export anything.  the cheapest in the U.S., it should direct the issuance of RMB to buy dollars.  However, if the international community refused to accept RMB, no way, can only use gold to buy dollars.  many countries, the gold as a permanent reserve.  so-called the time.  VI, more exports and less imports  Sun Wu Toru Law: What is cheaper to import what, what is expensive to export.  At this time, the cheapest U.S. dollar, gold, oil, coal, iron ore the most expensive.  Therefore, the hard goods, China should be a large number of exports and reduce or ban imports.  July, foreign loans  dollar devaluation, the renminbi was appreciation, China should be a large number of foreign issuance of RMB loans (sellers of credit), so that more countries use reserves of RMB.   eight, completely abandoned the dollar  the dollar is temporary, to be patient.   wait until the dollar rebound or to the highest value, all used to import gold, oil, coal, iron ore and other hard goods.   Since then, the Chinese do not, do not re-earned dollars, reserves of dollars.   because the Chinese Strong foreign reserves, and foreign trade increased strength of the renminbi as an international currency has. 

No comments:

Post a Comment