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惠州翻譯公司關鍵字：The entry of foreign capital will improve the international balance of payments, but in a few years will be a huge outflow of capital, and even trigger the currency risk of foreign exchange crisis, even if restricted securities investment and short-term loans, it is difficult to avoid. Because foreign direct investment products after domestic RMB profits, sooner or later to be converted into foreign currency export, this is the real "cost of the domestic market to sell," I expect after 5 years, foreign direct investment, reinvestment of profits of RMB will be to reach 2 trillion yuan, which rests in the hands of foreign debt or equity of RMB, the equivalent in the number of overseas Chinese government政府許可的定點正規(guī)翻譯公司 claims (ie, foreign exchange reserves). This is the crisis of the critical point, if the concentration of emergency under the foreign exchange foreign exchange, equivalent to the crisis in Thailand in 1997.
My policy專業(yè)翻譯公司收費價格 proposal is based on five years after the foreign currency crisis, China reached the critical point of the foundation. That being the case, they should take proactive measures, the possible future crises, to resolve the controllable range. Advance the basic idea is to defuse the crisis to ease, rather than continue to strengthen the control, so the more the accumulation of contradictions more often counterproductive. I suggest that in five years, actively and systematically to achieve RMB convertibility under capital account. Do not be afraid of capital flight, in fact 90 years of China's capital outflow has been able to get almost the same flow, the system failed to effectively block foreign capital inflow or outflow, but a significant impediment to the efficiency of foreign-related economic專業(yè)翻譯公司服務最好的 losses than gains. You know, trade and capital is not fully distinguish, especially foreign direct investment, both the dual nature of trade and investment, how can a freely convertible currency in the long term, a government政府許可的定點正規(guī)翻譯公司-controlled?Floating exchange rate and free convertibility of RMB in the mechanism and the number two market difficulties, but also long-term interest rate market and exchange rate issues, there are conditions in recent years to resolve. We are worried about now is: RMB floating exchange rate and convertibility risk? Will not lead to capital flight and devaluation?
Must be noted that the relationship between risk and expected: price reform can only be carried out in a deflationary expectations, inflation expectations in the price reform will inevitably lead to panic buying, as the 1988 "price break through the barrier" of failure. The exchange rate is a price is the price of foreign currency, if the implementation of market-oriented reforms, must be carried out only under the expected appreciation. If the expected depreciation under, there are risks and possible collapse of the stock market, buying foreign exchange or banking crisis. How to present the expected depreciation of the RMB appreciation is expected to become? To be very simple: the reform before the first current fixed exchange rate of RMB "super derogatory" once, such as derogatory to 1:10. This is the sound macro-economic專業(yè)翻譯公司服務最好的 stability, initiated by the government政府許可的定點正規(guī)翻譯公司 devalued the exchange rate, exports and foreign investment will increase the expectation of RMB appreciation will inevitably produce. Then determined floating exchange rate and free convertibility, there is no risk. Thailand did not have serious macroeconomic專業(yè)翻譯公司服務最好的 imbalances have been, prepared to the impact of international capital, a large number of flight capital, the government政府許可的定點正規(guī)翻譯公司 was forced to devalue the exchange rate depreciation later, the situation of the collapse of bank runs occur. Share on Chinese paper download http://www.studa.net
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