人民币升值的英文

人民币升值是相对于其他货币而言的，就好像一元人民币可以买到更多美元。下面小编为大家整理的人民币升值的英文，希望对大家有用!

人民币升值的英文

Revalue Yuan or not? This has been one of the hottest topics for the past decade and it has become an issue not only for Chinese policymakers but other governments around the world. The G20 summit of leaders from major developed and developing economies and the worsening of the European sovereign debt crisis have complicated the discussion of the Yuan's appreciation, with Chinese economists divided on the timing of the process. While some argue that appreciation would do more harm than good, others urge the opportunity be seized to accelerate the process of making the Yuan fully convertible.

It is not time for Yuan appreciation. Yuan appreciation would benefit China's imports of products from machinery to resources, but the benefit would be limited compared with the damage to the overall economy. China has, for example, suffered from overcapacity in sectors such as iron and steel, and cheaper imports as a result of Yuan appreciation would only worsen the situation.

Yuan appreciation will benefit rich people in China, but it will do little to help improve the livelihoods of the poor. It would only widen the gap, which would contribute to social problems.

If the Yuan appreciates against the dollar, expectations of further gains in the value of the Yuan would lead to increased capital inflows, which would bring financial instability and would endanger China's financial security.

What has largely been ignored by many people is that Yuan appreciation would facilitate imports of agricultural products, which would be disastrous for China's more than 500 million farmers. Although the country's entry into the World Trade Organization did not have a major impact on domestic farming, Yuan appreciation would have a more adverse effect on the industry, leading to more job losses.

The sharp decline of the euro against the dollar and other major currencies means that the Yuan has effectively appreciated. Many people no longer expect the Yuan to resume its appreciation against the dollar, at least not in the next few months.

However, as long as the markets calm down and the euro stabilizes, we think China could still start to de-link the Yuan from the dollar. The move would most likely be a return to some sort of a basket with a widening trading band against the dollar. Initially we expect the Yuan to appreciate against the dollar, but the increased flexibility could allow the exchange rate to move both ways, giving China more room to maneuver in the future.