RMB Global Impact Survey: 80% Americans identify by guessing

Global Times in the United States correspondent Hoyan China's economic development in the United States has been the daily media and ordinary people to discuss the hot topic, the RMB exchange rate issue is one of the hot topics.　　The answer may be startling to the extent to which Americans perceive China's renminbi and how deeply they perceive it. If the renminbi is taken out of the street to ask what the currency is, 85% of the people will recognise the renminbi. But most people who recognize the renminbi are because they see Mao Zedong's head, if there is no Mao Zedong's head, many people still do not recognize. When the picture of the Chinese minority is displayed on the top of the renminbi, many people do not distinguish it.　　Some people know Chinese money because they recognize it, but some people think it is the language of other Asian countries. A small number of Americans or their relatives and friends have been to China, but most Americans have never been to China. So there is a deep understanding of the renminbi, the appreciation of the renminbi is also a mixed attitude. Some people have a very correct and positive attitude towards China and the renminbi, because they see the rapid development of China's economy and can buy inexpensive products made in China. Now and a lot of people are rushing into the Chinese language, deliberately looking for reports about China. But there are some who have a negative attitude toward China and the renminbi because they think China's labor force is very cheap, so it has a lot of jobs in America. Some people have a negative impression of China that some of the products produced in China have very rough quality, and some quality poses a threat to human life.　　China's currency undoubtedly has a big role in it. The mainstream media and ordinary schools in the United States will have an introduction to the renminbi. The media, including newspapers, television and the Internet, have heated discussions about the renminbi.　　Articles or reports covering the topic of the renminbi have been everywhere in the past few months. The average American will not consider investing in money. Among professionals, some professionals will consider investing in the renminbi, but most professionals believe that investment in other areas will yield higher and more stable returns.　　Investing in the renminbi is a bigger risk for Americans, who argue that the Chinese government has controlled too much of the renminbi's gains, so investing in the renminbi is tantamount to speculating about Beijing's policy on the renminbi. For the average American, many people do not understand the pressure of appreciation of the renminbi, but for the educated, most people know the pressure of the renminbi to appreciate. Different people have different levels of understanding of the renminbi, depending on the level of occupation and education. 20% of people do not want to see the renminbi appreciate, because some people are willing to buy cheap Chinese goods, and a stronger renminbi will do them no good. America's economy is now at a low ebb, so more people want to buy cheap goods. There are also some conservatives who argue that the US should not intervene in other countries ' monetary policies. China should decide on its own currency. There is aProfessional recognition that the market should be allowed to determine the direction of the currency, rather than using political means to exert pressure.　　Many people think that if the market decides the direction of the currency, the renminbi issue will naturally be resolved, as more companies are going to build factories in China to get cheap labor, so the market for the labor force will be intensified, so the wages of workers will increase correspondingly, the people's living standard of natural growth, the value of the renminbi naturally increased. 55% of Americans think China's renminbi should rise. They think the Chinese government's intention to keep the renminbi low would have a negative impact on the U.S. economy and the world economy. They believe that if the world economy is adversely affected, China's economy will also be subject to fluctuations. China's exports, for example, have been slightly reduced in the past few years, causing trouble for the world economy. The US economy has been affected because many manufacturing industries have shifted factories to China, taking away many jobs. Others argue that, from the wealth of nations of Adam, the state should produce products that are good and effective in its own country, but if the Chinese government deliberately lowers the value of the renminbi, labor costs are cheap, and many countries should produce products in their own countries that will shift to China, the state would ignore productivity.　　Japan, for example, protects its rice market and adds a lot of rice tariffs, so that not only will the Japanese people pay more for their rice, but it will also pay a higher price for other countries to enter the Japanese market. There are 25% of people who think it is not a simple or a question whether the renminbi will appreciate. They think the Chinese government should let the renminbi appreciate a little, but not the extent to which the US government wants the renminbi to appreciate. Because if the renminbi appreciates too quickly, it will seriously affect China's economy, China's exports and people's living standards. But at the same time, the renminbi should appreciate appropriately. The main advantage is that if the renminbi is appreciating, the Chinese will be richer wherever they are in the world, including the Chinese government and ordinary people. And there are many other places that will be good for China's economy. For example, hiring foreign workers to do international projects can save costs. This will encourage Chinese companies to become more international. And Chinese companies can import more advanced technology or equipment, which will help Chinese companies cut costs after the renminbi appreciates.　　So if the renminbi appreciates, Chinese companies have more opportunities to become international companies and have the opportunity to buy advanced technology and equipment cheaply to drive the economy. These people also believe that the Chinese government's approach is very clever. For example, the Chinese government does not claim that the renminbi is bound to appreciate, as if it were a buffer, neither fuelling more contradictions nor denying that the renminbi is going to appreciate.　　And such a move would also reduce speculation in the renminbi by a large number of currency speculators. If the Chinese travel in the United States, they cannot use the renminbi locally, but they are free to exchange local currency at airports or destinations where there is a special exchange for renminbi.