Fluctuations in the yuan so that we see?

In 2008 the global economy is in trouble in the form of a year, from international to domestic economic policies have become more frequent and diversification of the year, tax reform, stock, real estate, business regulations stifle the industry and so become the year's Economic activity behavior policy after another wave of the spray. December 3, 2008 media reports: Chinese high-level security will be the principle guiding growth of nine, Premier Wen Jiabao again under investigation in Guangdong. Hong Kong media, "Ta Kung Pao" said the State Council will soon be prime minister again went to visit Pearl River Delta of Guangdong's small and medium-sized enterprises for independent innovation, as well as their development, then this is less than half a year, Premier Wen Jiabao personally to third on an inspection tour of the Pearl River Delta , As a result of this very critical point in time, the central authorities to immediately convene the central economic work conference, so the outside world to develop, the overall temperature to Guangdong in person to believe that the next phase of a policy to do research. Said: Academy of Social Sciences, published yesterday on China's economic blue book predicts China's GDP next year eager to an increase of 9%, and it recommended that the RMB should be stable exchange rate, the exchange rate to make the necessary adjustments. The report also predicted that the mainland's economic growth next year of the most optimistic estimate is that in the fiscal and monetary policies of the two-relax, GDP could reach 9.5 percent growth, and that if the conservative estimate is that 8.5 percent growth, but this is the case, only 20%. On the other hand, CPI dropped important anti-deflation. In the Monday, the central bank announced interest rate cut in 2, 500 yuan a day diving point, the first fall in a row, some people doubt: RMB devaluation of the U-turn it? As a result, some experts pointed out that the sharp devaluation of the yuan, out of the "capital growth", he believes the yuan is being ushered in a most favorable time for depreciation, the depreciation of the "very good, very correct." Is that really so? RMB exchange rate change because the central bank to cut interest rates and the growth of China's economic security? Depreciation for capital growth? By the end of August, the renminbi stable against the U.S. dollar exchange rate, the benchmark price within a narrow range around 6.83 fluctuations. As a result, the yuan yesterday, down 156 basis points in major U.S. and foreign exchange than analysts expected. BNP Paribas in the short-term interest rates and foreign exchange products, traders said Qiu Xiaoming, "has been a long time no devaluation of the renminbi," but last week since the devaluation of the RMB exchange rate has now signs. Last Thursday, the RMB exchange rate depreciation of the U.S. 20 basis points last Friday, the RMB exchange rate depreciation of the U.S. than in the previous 57 basis points. But we can not help but have a doubt that when the global economic downturn today, the United States and Europe because of the national economic crisis and limit its import trade has not been the qualities of the day, we rely on the devaluation of the yuan to promote exports patently unreasonable, as a matter of fact, this The basic method is to stimulate exports is useless, as the Central University of Finance and China Banking Research Center Director Tian Yong, Guo said: "The emergence of a moderate depreciation of the renminbi is conducive to the domestic economy. However, the adoption of the devaluation of the yuan to boost exports of the way, the result is not Will be very good. Because of the economic crisis under the demand of developed countries to reduce substantially. " Released by the General Administration of Customs show that in October this year, China's total export value of 128,327,000,000 U.S. dollars, up 19.2 percent, the total value of imports of 93,088,000,000 U.S. dollars, up 15.6 percent. China's trade surplus in October of up to 35,239,000,000 U.S. dollars this year for the third consecutive month of trade surplus hit a monthly record high. Without a doubt, the current global financial turmoil and the economic outlook full of uncertainty, the United States, the European Union and Japan, and other major economies have a weak trend in the international market demand will be weak this demand is close to a rigid demand, Under the present circumstances, even if the devaluation of the RMB is also very difficult to promote exports and stimulate growth. French bank Societe Generale said that even if China's central bank cut interest rates after the U.S. dollar against the renminbi can not be sustained rebound is expected to cut interest rates for the RMB exchange rate will not have any impact, and the large trade surplus and foreign direct investment flows showed that the level of the medium-term appreciation of the yuan still exist Pressure. There are expert analysis, "Before this, the central bank sharply cut interest rates 108 basis points in the short term will not be large rate cut, growth in security tool to be transferred to the exchange rate policy." Expanding the budget deficit and by the impact of the dollar may weaken These will be brought about by the appreciation of the renminbi pressure. He also believes that the devaluation of the Renminbi will continue depends on market response, "I believe in the coming week should determine whether the trend of the formation." Insiders said that the market began to feel that China's economic situation than originally expected to be severe, which may allow the central bank is expected to devalue the Renminbi. Earlier, the central bank governor Zhou Xiaochuan also said that does not rule out allowing the devaluation of the Renminbi. In that case, the devaluation of the Renminbi against what we have been affected? Members of the public contrast spread pessimism, the author's more likely that the economic crisis for us, even though China is the financial structure of health organizations, collective enterprises, listed companies corporate governance structure of the anti-strike capability, the regional economy is an anti-strike capability With great challenges like a severe market environment and economic environment of a bad cold, dead and injured numerous cells, but also because many white blood against a cold virus and dedication to this market environment has become a bad cold on the economy and victim of a pioneer. However, we can not deny another possibility, the author of "China's economic enterprises punctured how to market Jianbi winter," the author has analyzed the current problems we currently face problems and must seize the opportunity. 1. Substantial price reduction of the means of production, China's manufacturing industry finally be cheaper to upgrade resource 2. Crisis in the lead, the purchase of intellectual property rights is no longer a "mission impossible" 3. Lower the price of crude oil to ease China's energy shortage crisis, is to take this opportunity to a large number of opportunities for energy storage 4. If the renminbi appreciation on global economic impact, the better realization of China's global economic status of the importance of the state to establish a global reach of the timing and place the opportunity may be China's true "stand up" degree of success Hiding one's capacity over the long closed-door stage exit possible. 5. Survival of the fittest industry to re-sort cards and more viable enterprises emerge, adapt to the new force would be the impact of the economic tide will be better reflected in our production capacity and level. However, the ability to seize the current opportunity is that we need an in-depth thinking. Because: 1. Substantial price reduction of the means of production, China's manufacturing industry finally be cheaper to upgrade resources. However, can not overlook the fact that the Chinese enterprises have been the industry's ability to upgrade? In the market, many enterprises of strategic ambiguity, random positioning, market segmentation is not clear division of powers is not clear personnel management, scientific and technological innovation to make limited to the concept of playing the "cheat" financing and loans, by blood transfusion alive, so that the state enterprises and Society no longer has the ability to create and contribute to society and the state's burden in the front of opportunities and they did not seize the opportunity to upgrade the capacity of. 2. Crisis in the lead, the purchase of intellectual property rights is no longer a "mission impossible." Most of whether or not it has such a capital worthy of consideration, a number of enterprises are satisfied with the concept of Chaozuo Hu You and markets, the economic environment in the coming of winter is not the time to consider how to help themselves, all their hopes in the mother (countries) who was prone to National brands itself as offering support for the government, requires that all policies and regulations of the tilt, the injection of capital requirements, not to seek the downturn in the global market now find their own opportunities and true in word and resolute himself the voice of foreign monopoly theory, it is filthy and lowly, and the other people Their feelings, "rickets" and "King behind the door" In addition to the bullying Davis Maniang outside the embarrassing task. 3. Lower the price of crude oil to ease China's energy shortage crisis, is to take this opportunity to a large number of energy storage. The drawbacks of monopoly industries and then exposed the Wu Yu, in a number of state-owned enterprises has become increasingly individual leader appears to be less under the control of the national cause, and perhaps the economic crisis was a sort of such enterprises in the national leadership to the people of the Government's Responsibility to the best time. 4. If the renminbi appreciation on global economic impact, the better realization of China's global economic status of the importance of the state to establish a global reach of the timing and place the opportunity may be China's true "stand up" degree of success Hiding one's capacity over the long closed-door stage exit possible. There is no question. Although we see a clear appreciation of the RMB exchange rate change in the market is normal, but for the global economy is bound to have an impact. When domestic loudly, many experts and scholars to celebrate the team competition Aoba Ma finally boarded the highest rule of the United States, I had to write comments on the petition people "do not forget, no one, no matter what his race, as long as he boarded the president's The right position, he will not be representative of his own, but rather the interests of the country. " When the United States in the history of the first black president expressed his gratitude to the neighboring country, he did not mention China and Russia, which has been fully launched to give us a signal, at least in his mind, China is not a friend, we We do not speculate in their hearts what our position is, but we should be a clear: China should do their own. We only had a powerful, will it be possible to respect other people, we should not expect other people and because we are people of color on the poor, like us, we sympathize with, we have to show goodwill. As one of entrepreneurs living abroad for many years said: "China should not have to Xi their offerings to please foreign interests," he further clarified his point of view: "We can take this opportunity to withdraw foreign capital into low-cost or even free access to energy resources such as minerals The right to ownership and exploitation of the recovery. "He said:" The Chinese leadership must know: No matter whether the Chinese have the money, power, China can not save the world can save on their own good. The economic crisis can only be as strong Chinese rich opportunities. " We have already hiding one's capacity for too long, we have no reason not to use the current opportunity? In the process of world civilization, we see contemporary civilization Mo Bushi "predatory" As a result, if history is a history of plunder is not too much, in the present, we do not have to plunder other countries, we need to improve themselves, seize The opportunity to succeed. Therefore, the power to become a vassal or become their own masters, we must now be the choice. 5. Survival of the fittest industry to re-sort cards and more viable enterprises emerge, adapt to the new force would be the impact of the economic tide will be better reflected in our production capacity and level. The new dynamic is certainly strong. When a high fever after the old cells are clean, fresh cells to become mainstream, it was a bad cold, after the income, many businesses have closed down we do not have to be closed down or too pessimistic because it's one of many companies and not only because The economy as a result of the cold wave deaths, they are more dead in the greed and speculation on the road, too long because too many bank loans and investment has shrunk as a result of the Conference of self-harm. A lot of cases, one by one does not go into details here. Therefore, the economic crisis as the labor pains of a new life, death, but of course there are the new force will grow and how to provide new life to the survival of the importance of the atmosphere is much higher than the maintenance of old Chen died of the old system and the old forces. For those outside interests to issue repeated requests to die to save some of the stereotypes of the implication of bringing disasters should awaken the heart of the current decision-making. For example, a large number of migrant workers return home, I just think this is the first time the original return to their home land, the land is not only detrimental to the reunification. Migrant workers from the personal family life, to return to a stable family life conducive to a more normal life, a stable and harmonious villages in the lower empty nest is conducive to development of the younger generation; from the community as a whole, the upgrade of agriculture in this round of economic crisis may be able to By the return of the re-farming of these experienced "a certain vision of life fashionable" new farmers in rural areas to achieve industrial upgrading and innovation of cash crops. The key lies in management policies and guidance. For example, at 4 trillion of investment in rural areas the proportion of investment projects and the use of the actual situation of the supervision should be a top priority. This is related to China's national plan on the basis of people's livelihood. (Then there will be devoted to analysis of the article, please take heed) In that case, the devaluation of the yuan so that we see? Combined with the global economic crisis, I believe that that is precisely the hope and opportunity.