Of course, RMB appreciation is not good either. At present, China's RMB has appreciated by nearly 3%, which has greatly weakened China's export competitiveness. Statistics show that if the RMB continues to appreciate to 5%, most foreign enterprises in coastal areas will close down, which will not only increase the unemployment rate in China, but also lead to social and economic turmoil. If China's economy is unstable, it will certainly do no good to the world. In fact, America is the worst. He put pressure on China again and again, and joined forces with other countries in the world, such as the European Union, to put pressure on China. Even though China is strong all the way, it is slowly appreciating.

In addition, China has a large amount of US dollar foreign exchange reserves. Once the RMB appreciates against the US dollar, it will depreciate and foreign exchange reserves will shrink.

I recommend you to watch "Financial Lang Yan". Although there are personal opinions in it, many real data and examples are still worth learning and thinking about.