The relationship between trade surplus and RMB appreciation

Today finally understand the relationship between the trade surplus and the appreciation of the renminbi, the original appreciation of the renminbi will increase the cost of Chinese exports, making Chinese goods abroad to form prices, weaken the competitiveness of Chinese goods. On the other hand. The appreciation of the renminbi has led to an increase in the cost of foreign investment in China, which has affected their investment interests. A bit better for renminbi appreciation is to help repay the foreign debt.