Title: The Analysis of the Impact of RMB Real Effective Exchange Rate on Chinese Import and Export
Abstract: In the appreciation of the RMB problems with the trade surplus was expanding too fast in the process.Although the Appreciation of the RMB played a role in promoting the import and export,it didn't solve the problems of favourable balance of trade fundamentally.It was important to recognize the negative impact of the appreciation of the RMB before solving the problem of trade surplus,its negative effects were mainly reflected in the impact on exports of labour-intensive enterprises of China,the enthusiasm of the effects of foreign investment,and increase the risk of the enterprise's business cooperation.It was contribute to addressing the trade imbalances when making definite the purpose which is the negative impact of the appreciation of the RMB.The government should lead the enterprises to transform the pattern of trade development,selecting and using foreign capital rationally.And the export enterprises should adopt a reasonable amount of financial instruments and financial means to avoid foreign exchange settlement risk.
Publication Year: 2012
Publication Date: 2012-01-01
Language: en
Type: article
Access and Citation
AI Researcher Chatbot
Get quick answers to your questions about the article from our AI researcher chatbot