The Impact of US dollar Exchange Rate on Chinese Export Enterprises
- Release on :2018-1-25
The decline of the dollar exchange rate is beneficial to our country’s economy in the short term. First, the decline in the dollar exchange rate means that the price of our country’s exports to the country is relatively cheap. This is conducive to our export in the short term.
Next, the decline in the dollar exchange rate to a certain extent in the United States investment confidence caused by pressure, causing the capital out of the market or a slowdown in capital flows into the United States, and China’s economy has maintained rapid growth, improve the environment for investment, will have relatively more attractive to these funds, which attract foreign investment in China play a role improve promote.
If the disadvantaged time of the dollar is too long and the decline is too large, it will also have a negative impact on the economic development of our country. First of all, the international attention on RMB appreciation will increase. It will not only increase our trade frictions with some countries, but also increase the pressure of public opinion on RMB appreciation, which will be unfavorable for China’s economic development.
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