China's foreign exchange has an obvious upward trend. Only in the United States, the exchange rate of US dollar against RMB has now broken through the 6.5 yuan mark, rising to 1:6.4965. The most significant impact of foreign exchange appreciation is inflation. In terms of export commodities, RMB appreciation will only lead to price increases; On the import side, if the price is cheaper, the imported goods will also increase. The proportion of domestic sales is uncoordinated, resulting in a huge surplus. Because it is cheap, the price will be adjusted slightly at first, but in the medium term, the price of goods will rise or fall sharply due to foreign exchange changes or the price difference of imported goods; In the later period, the neutral price will be maintained (neither high nor low), and there will be no major adjustment.

For financial assets, it is really difficult to budget. The price increase is closely related to the market and foreign exchange. From the beginning to the middle period, foreign exchange has a very high interest in financial assets, but in the later period, the price is stable, and then the financial assets will form a fixed price: no profit, no loss.