At the national level, the appreciation of RMB is beneficial to imports, but not to exports, because the appreciation of RMB is relatively equal to the depreciation of other currencies, which means that other countries need to spend more money to buy goods from China, because the price of RMB has risen in the money market, and they need to spend more money to exchange RMB.
The appreciation of RMB is a great thing for those who want to travel abroad or study abroad. In other countries, RMB will not circulate in the ordinary market. If you want to spend money locally, you must exchange RMB for local currency. After the appreciation of RMB, as much RMB as before can be exchanged for more local currency.
Corresponding to the ordinary people who benefit from the appreciation of RMB, after the appreciation of RMB, the life of export enterprises will be difficult, and there will inevitably be a decrease in exports in the short term. With the rising value of the RMB, the possibility of losses will become greater and greater.
However, under the premise of market economy, the appreciation of RMB does not mean that China will appreciate if it appreciates. The main reason is that foreign capital is very optimistic about China, which has the best economic situation under the epidemic, and a large amount of capital keeps flowing into China, which makes the RMB only available in the China market, and a large number of foreign currencies are converted into RMB, which makes the value of RMB keep rising and enter the 6.5 era.
Developing economy is the eternal theme of modern society, and one of the biggest factors affecting the national economy is the value of money. If a country's currency is worthless, then its economic situation will not be very good. Of course, it is not only the currency value that affects the national economy, but also many other aspects.