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What impact will the depreciation of the US dollar have on China's economy? What impact will it bring to our lives?
The impact of dollar depreciation on China's economy;

1. The competitiveness of China's enterprise costs in the United States is reduced, while a large part of China's development speed depends on exports rather than domestic sales, which will slow down the development speed of China and many people will lose their jobs;

2. Due to the depreciation of the US dollar, China originally exchanged 8 yuan RMB for 1 US dollar. Now the United States can exchange their RMB for $65,438 just by using 7 yuan RMB. Think about the huge amount of foreign exchange in domestic dollars, and how much we will lose.

3. Before the appreciation, some large American financial institutions invested US dollars in China, and China could only make more RMB to exchange. These institutions have invested in China, such as the stock market and the property market, with the exchanged RMB, which has set off a big wave. After the skyrocketing, they got several times the return on investment, and then changed it into dollars after the depreciation of the US dollar. They took away the hard-earned labor achievements of the people of China. The devaluation of RMB in China is serious, and the people have it.

The impact of dollar depreciation on life;

Traveling abroad is more economical.

Purchasing is cheaper than before.

Studying abroad saves money, etc.

Please add a detailed explanation.