The Impact of RMB appreciation to C
Source: www.lanbl.com   Publish Time: 2011-08-14 03:11   1030 Views   Size:  16px  14px  12px
The Impact of RMB appreciation to Chinese Enterprises

 The Impact of RMB appreciation to Chinese Enterprises 

 

         Export enterprises insist on the RMB should not rise, in fact, it's not good in the long term. RMB exchange rate not rise generate huge trade surplus and finally lead to chinese inflation. The result is higher cost of material and everything. It's just a indirect process.

 

         From the experience of Japan, a stronger currency in general will not significantly reduce exports, but will significantly increase imports, so trade surplus also decrease. So, higer exchange is not deadly to export enterprises. There will be some influence in profits, but not deadly, enterprises can still be alive.

 
 
Export Dept. Director
 
MSN  Ms.Kisn