20111014 Follow Me 157 Our nation weaked RMB yesterday

Swiss banks have announced that the Greek sovereign debt default will be inevitable,and it is expected next year the euro zone economy will slow to a standstill.
Therefore, , the RMB must devalue to promote exports so as to prevent a recession.

the RMB exchange rate is determined by a certain method ,so the change must strictiy follow the rule,it should not set under the presure of some country .just leave it to the market.i believe our government can deal the force from others properly.i must say that this surprised me too.

现在每个国家的日子都不好过. 人民币升值是个必定的趋势,但步伐的快慢不是一个外国法案就可以决定的.

rmb,不知如何是好。

I have recieved an idea that we should focus on the The mechanism of the  exchange rate,instead of how much the rate changes right now.

we should be strong

out of expectations of the public. protect domestic market

Follow Me:155, 118。
中国凭借着廉价劳动力和控制汇率来促进大量出口拉动经济，付出的代价是资源被大量消耗，国内的通货膨胀。国内的通胀实际上全国人民在补贴出口企业。劳动力的成本被压低，这些补贴给出口企业的钱其实都没有让企业的员工得到多少，这样也就断绝了拉动内需的可能性。而企业主拿着大把的钱又没有去扩大生产提高企业的核心竞争力，反而又到国外去买奢侈品。这样的出口增长不知道对于中国有什么意义？

At present the currency issue is not the top-priority of the relation between China and America. But in the long run, there must be a package plan to solve this problem.

顶