As the US dollar accounts for the largest proportion of China's huge foreign exchange reserves, the appreciation of RMB will inevitably lead to a serious shrinkage of China's foreign exchange reserves. For example, US$ 65,438 +0 equals 8 yuan RMB, which equals 0. 1 gram of gold (for example), if the dollar depreciates and the RMB appreciates, and now 1 dollar is equal to 6 yuan RMB (for example), then 1 dollar is not equal to 0. 1 gram of gold. May be equal to 0.08 grams of gold.
At this time, the amount of gold that the national foreign exchange reserves can buy in dollars has decreased, so the foreign exchange reserves have shrunk.
Viewpoint 2: Not conducive to exports.
For example, in the past, the Japanese spent 10 yuan on a commodity exported from China, but now they have to spend 12 yuan, so they don't buy it, so they can't export it.
Viewpoint 3: Create a trade deficit
Because it can't be exported, and imported goods are cheaper, the perfume of the same 10 yuan was originally sold in China as 180 yuan, but now it is only sold as 120 yuan, so those women who "try their best to dress up" and want to "make themselves attractive" all lose 10 bottles at home, so the country.
Viewpoint 4. Harm to foreign trade commodity processing enterprises
China is a big factory in the world, especially in the Pearl River Delta, and there are foreign trade enterprises doing processing everywhere. In the past, foreign businessmen had to pay 2W for processing a batch of goods, but now they have to pay 2W. 3W knife, the advantage of cheap labor is reduced or even lost. When the Japanese calculate, the labor force in Mexico is cheaper and the transportation fee is much lower. Therefore, foreign trade enterprises in China can't get back the list, or the finished products of foreign trade processing enterprises are still sold at the same price in the international market as before, but a large part of the losses have been replaced by RMB (the US dollar fell by nearly 10 point from last year to this year, but the profits of many small foreign trade processing enterprises in China were only about 5 points). As a result, many small foreign trade processing enterprises have closed down, depriving employees of employment opportunities, which not only affects the economy, but also may bring other negative effects.
Viewpoint 5: It has an impact on the capital flow in the international market.
This is divided into three aspects: first, a large number of overseas hot money poured into China to buy houses and stocks in order to appreciate with the RMB, which made house prices soar and our people could not afford to buy houses. Because these overseas hot money have been hanging out in the world financial market for many years, and they eat more human flesh than our China funds and retail investors, it is not surprising that they can get three or five when they enter the China real estate market. In a few years, when the RMB reaches the end, they will take a lot of money and throw it away, and it will not be a simple thing for our economy to survive.
Secondly, on the other hand, the appreciation of RMB has honestly raised the threshold for foreign capital to enter China's industries. For example, the original investment of 65.438+0 billion yuan can run a power plant, and now it needs to invest 65.438+0.3 billion yuan. Because the number 654.38+03 is unlucky in Christianity, the Japanese are afraid of not voting-of course, we can say: Oh, I'm too lazy to ask you to vote without voting. But in fact, this situation may destroy the good foreign investment environment that China has worked hard to create for many years;
Thirdly, the appreciation of RMB has also lowered the threshold for foreign investment of domestic capital, and the outflow of some domestic capital has done more harm than good to China's economy at this stage.