Chapter 1732 Renminbi appreciation

Liu Jun didn't get angry, but just smiled bitterly and said, "Advisor He, you really guessed wrong this time, I won't discuss such a thing with the old man at home." Even if it is discussed, it does not mean that it is the final decision. Wang Mengmeng's face suddenly changed, and she showed a look of disappointment.

About she also saw that Liu Jun was telling the truth and was not lying to each other. And "Yoo Joon doesn't have to deceive her. At Liu Jun's level, it is very difficult to make him "deceive".

However, Wang Mengmeng's eyes rolled, and she immediately asked again: "Okay, then may I ask Governor Liu, what is your opinion on this matter?" Rest assured, it is purely a technical discussion, and there is no intention of spying on state secrets. ”

Liu Jun shook his head with a smile and said, "You...... Then let me ask you, what do you think about the appreciation of the renminbi? ”

"RMB appreciation" is one of the hottest topics in the global financial community recently. It is also a topic that some domestic financial experts will talk about when they open and close their mouths, and it seems that if they don't talk about this topic, financial experts will "depreciate". "I think it's going to appreciate the value of the renminbi.

Wang Mengmeng's eyes lit up when she saw Liu Jun asking, knowing that "Youmen" was not modest at the moment, and said with certainty. Whether he is right or not, as long as Yoo Jun Ken continues to "discuss" on this topic, he must dig something useful out of his mouth. “?”

It was not Governor Liu who asked this, but Adviser He. Obviously, He Mengying is also interested in this topic. It's not that Miss He still attaches so much importance to Jin Cheng, and discussing such topics is also He Mengying's hobby. Status dictates.

"You see, the RMB exchange rate has not been adjusted for 10 years from '94 to the present, and some authoritative international institutions and trading partners have always believed that the RMB is undervalued in different ways; According to the theory of international economics, excessive foreign exchange surpluses itself indicates that the foreign currency is overpriced, the local currency is too low, and the local currency has appreciation pressure......" Wang Mengmeng seems to be really "making up" for a period of financial theoretical knowledge, as soon as he opens his mouth, he is full of "professional terms" quite knowledgeable, seeing that everyone is listening very attentively, Wang Xunxun couldn't help but feel proud, and then said: "Since 2001, the world's major currencies, including the currencies of Southeast Asian countries, have appreciated sharply against the US dollar, Only the exchange rate of the renminbi against the US dollar has not been adjusted, in other words, the renminbi has actually depreciated sharply against other currencies along with the US dollar. Not to mention that in the 90s, the renminbi did not depreciate excessively or was priced too low, but in recent years, the currencies of other countries have appreciated sharply against the US dollar, and only the exchange rate of the renminbi against the US dollar has not moved. In this way, even Qiu Qingchuan's face showed a slightly surprised expression.

Wang Mengmeng raised the corners of her mouth, a little proud and a little dissatisfied, do you think Miss Wang is still the former Wuxia Ameng?

Liu Jun smiled and said, "Is this an economic reason, a political reason?" ”

Wang Mengmeng said: "What, Governor Liu wants to test me?" Okay, the little woman gave up her life to accompany the gentleman and made an axe in front of the two financial experts...... political"; ten\I,/\{.; Simple, over the years, Western countries, especially the United States and Japan, have been manufacturing ...... a whole decade; 1 Second, they believe that the main reason is that the large number of cheap products exported by our country has caused them to pass through; 》;! Person. We should shoulder the corresponding responsibilities in the world economy. Speaking of which, it is not unreasonable, China's foreign exchange reserves are too high, after joining Ding 0, there has been no increase in imports, but the trade surplus has increased significantly. There is no doubt that we are exporting more and more things, and we have robbed other people's jobs, no wonder people are not convinced......"

He Mengying sneered and said, "Let's process some small products and sell them to them, how much money can we make?" What are they not convinced? ”

Liu Jun said with a smile: "But a considerable part of people's votes are in the hands of blue-collar workers, and they will definitely be shouted." This situation is the reason why the United States and Japan are shouting that they must appreciate our currency.

To put it simply, if there is not a single commodity produced in the United States, in the past, poisoning Americans was one dollar, and selling it to China was eight yuan, but now it is still sold to Americans for one dollar, but it is cheaper to sell to China, only seven dollars and a half. This means that American goods are getting cheaper and cheaper for our country, "Of course we want to buy more, and we import more." Imports soared, people in the United States factories are happy, can desperately mass production, the appreciation of the renminbi, is equal to China's market demand has become larger, so, the more the renminbi appreciates, the more imports soar. In the same way, a commodity used to be sold to the United States for one dollar, which is equivalent to eight yuan, but now that the renminbi is appreciating, for an American, the price of this commodity has risen, and he doesn't want to buy more.

The trade-off can stimulate the development of manufacturing in the United States and other Western countries. In an elected country, the vote is very important.

Recently, some members of the US Congress are doing everything possible to put pressure on US President George W. Bush, asking the government to force the renminbi to appreciate through diplomatic means and commercial sanctions, so as to "save" the declining manufacturing industry in the United States and increase employment opportunities.

Li Jian'an said: "If you want me to see, the possibility of this bill passing is not very high. The current economy of the United States is also very dependent on us. Many super large companies have branches in China. For these companies, the damage caused to them by the appreciation of the renminbi may be greater than the damage caused by not appreciating...... The Asian branch of many U.S. companies is the main body of profit. ”

Li Jian'an is the director of the Overseas Futures Department of the China Securities Regulatory Commission, a bureau-level cadre, and naturally has a more accurate view of these international financial trends. Whether it is in the inner circle of the ya, or within the system, the principle of the sedan chair carrying people is universal.

Seeing that Liu Jun is younger than himself, he is already the governor of the province, and his position is beyond the boss. And brother-in-law Qiu Qingchuan is about to be at the ministerial level, saying that Li Jianan has no idea at all, it must be false. But this matter is not in a hurry, it has to be taken step by step, and it depends on the opportunity. Now he is trying to perform in front of Liu Jun, and when he is facing the scene, Liu Jun can recommend it to him. This is very important.

Then there are princelings, the third generation of red, someone has to speak for you, if it is recommended by Liu Jun, the third-generation leader of the Yan Liu family who does not seem to have much to do with his old Li family, the effect will be even more ideal. proves that Li Jian'an is really good, and even Liu Jun can look at him. Liu Jun smiled and bowed, and Qiu Qingchuan also cast encouraging looks. Li Jian'an knew that he had made the right move, and he was a little excited.

He Mengying frowned and said, "Liu Jun, I don't think I can take this matter lightly. When you go home, you should make a suggestion to the old man that the renminbi cannot appreciate. It's too much for us. At present, many coastal enterprises are labor-intensive industries, and their only competitive advantage is cheap labor. This appreciation, the price is reduced, the labor cost is rising, and the other water, electricity, oil, and transportation costs are rising together, squeezing at both ends, and the profits are getting smaller and smaller. The blow to our coastal provinces will be very huge. As a result, a large number of migrant workers have lost their jobs. How this group of people is arranged, "is the big question. Social Issues! Miss He put away her character and said seriously, her face was rarely serious.

Just because of this matter, it does have far-reaching implications. At present, the state is in the process of macroeconomic regulation and control, and the coastal provinces are already clamoring that the macroeconomic control policy has affected their economic growth. How much pressure the Liu family and his son are under now, He Mengying knows very well. At this time, the appreciation of the renminbi is undoubtedly worse.

Wang Mengmeng was silent, but her face showed a look of disappointment. To be honest, what is the overall situation of the country is not in the eyes of Miss Wang, she just wants to make more money. If the renminbi does not appreciate, her plan to make a fortune in the foreign exchange market has come to naught. Miss Wang's ideological consciousness has not yet reached the height of worrying about the country and the people.

Li Jian'an said: "Yes, the real estate soaring in the capital, Pearl, South and Province B is also related to this. Wang Mengmeng asked in surprise: "How is real estate related to the exchange rate?" ”

Just this sentence shows timidity. After all, it is the financial knowledge that is "halfway home" and is still far behind.

Li Jian'an said: "There is an internal connection. When the industry is not good, there are adults who will change the direction of investment. Do you think, the renminbi is appreciating, or maybe appreciating, and the prospect of running an industry is getting worse and worse, who will invest in the industry? It's a thankless effort. It must be invested in the kind of industry that is easier and more profitable. At this time, investing in real estate not only conforms to the general trend of the economy, but also conforms to the general trend of politics. ”

When Wang Mengmeng heard this, her eyes suddenly lit up, and she seemed to see new hope. However, for Li Jian'an's analysis, Wang Mengmeng is not so convinced. In the eyes of ordinary people, Li Jian'an can also be called a financial expert, but now that Liu Jun and Qiu Qingchuan are here, it is better to consult these two for more insurance. "Governor Liu, is that so?" Liu Junli smiled and said, "You'd better ask your cousin about this." He compares ...... m