turkish gold filled jewelry wholesale What does the appreciation and depreciation of the renminbi mean?

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turkish gold filled jewelry wholesale

5 thoughts on “turkish gold filled jewelry wholesale What does the appreciation and depreciation of the renminbi mean?”

  1. Erik

    new york wholesale fashion jewelry The appreciation of the renminbi means that a unit of RMB can be exchanged for more foreign currencies. If you depreciate, the opposite is exactly the opposite. The benefit of the appreciation of the renminbi is that the imported goods in my country are relatively cheaper, and the second is that the international status of the renminbi can be improved (long -term impact. An extreme example, such as the depreciation of the currency of a country worth the Mark in Peru, Zimbabwe or the Mark in Germany before World War II. Who would use your currency to trade?). The disadvantage is that the products exported to China are relatively expensive, which will make the export industry a greater blow. my country ’s foreign trade is more than 40%. Exports are an important carriage of economic growth, and my country's exported goods are mainly densely labor -intensive products. The advantage is to win cheaply and be more easily hit by the appreciation of the renminbi. At this stage, the appreciation of the renminbi is greater than the profit.

  2. Lela

    wholesale jewelry supply quality review For example, the original $ 1 can be exchanged for RMB 8. If 1 US dollar can only be exchanged for RMB 7, this shows that the RMB appreciates; if 1 US dollar can be exchanged to 9 yuan, this shows that the renminbi depreciates.

    It today's news
    仁: Maintaining the renminbi value stability is the first priority

  3. Edna

    designer inspired wholesale jewelry It does not matter whether it is good or bad, depreciation is conducive to exports, and appreciation is conducive to imports. For a large export country in my country ... For individuals, appreciation means changing more foreign currencies and studying abroad for travel abroad.

  4. Gene

    bronze jewelry wholesale The renminbi cannot appreciate. Our big population is so large, and we make some money by labor. Also introduce foreign capital. If the renminbi appreciates, what money do we make to develop! Intersection There are also the money made by so many overseas labor for our overseas labor. Our country is facing serious employment problems.

  5. Antonia

    jewelry wholesale san antonio The appreciation of the RMB to the US dollar will make the cost of exporting products from our country to foreign commodities invisible. In the short term, it can affect the export of goods in our country and reduce our trade surplus to foreign countries. It will lead to the increasingly smaller export competitiveness of our country, affecting the development of our country. However, it is a good thing for European and American countries ~
    The basics will not cause foreign funds to stay. Take a simple example: In the past, the Americans could open a company in China, and now the RMB appreciates. The Americans have to get 20,000 US dollars to start a company in China. Do you still want to come now ~~

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