by the way, today's market: the devaluation of the renminbi is not a big problem, bullish today. yesterday's devaluation of the renminbi disrupted the pace of stock rally. At present, there are two views on the establishment of the renminbi, the first is to Gao Shanwen as the representative, that the renminbi will continue to depreciate, negative impact on the stock market, proposed clearance stocks. Second, I am the representative, that the renminbi will not continue to depreciate. Because the renminbi has risen 36% from 2006 to 10 years now, what do you mean by the amount of depreciation? Most of the 7-8% to the rise this year. Why don't we worry about a weaker renminbi? Because money is behind a country's economy. China is an economic power, do not speculate on the economic impact of a small country's currency devaluation. An American economist calls China and the United States: Chinamrica, and believes that 10 years from now, China's economy will overtake the US as the world's largest economy. A country's currency is the national economic strength, on behalf of the national credit, it can be said that the renminbi is issued by China's stock. The dollar is the stock of American hairstyles. China and the US have the strongest economic strength, so the renminbi and the US dollar will be strong currencies for the next 10 years, plus China's financial markets are relatively closed, without worrying too much about the impact of a weaker renminbi on China's capital markets. There may be some impact on the property and the collection. look at a country's currency depreciation or appreciation, mainly to see the future development trend of the economy. The growth of China's economy over 5-8% in the next ten years is a big probability event. So in the long run, the renminbi is appreciating. Short-term devaluation, instead conducive to exports, curb the US dollar outflow of China! The devaluation of the renminbi is the central bank's speculative US dollar shearing wool for convection into China! Http://blog.sina.com.cn/s/blog_4c8a693a0102vv0z.html?tj=fina
The devaluation of the renminbi is not a big problem
