EFFECTS OF RMB APPRECIATION ON CHINESE FOREIGN TRADE AND COUNTERMEASURE SUGGESTIONS
ABSTRACT
Since July 2005 small revaluation of the Chinese yuan, RMB exchange rate reform has aroused the concern of financial markets at home and abroad, has also become the focus of attention. As China's international status and the improvement of the increase in foreign exchange reserves, the appreciation of the RMB has generated discussion. This paper briefly explain the reasons for the appreciation of the Renminbi and the process of analysis of the appreciation of the Renminbi to domestic and foreign economic impact particularly on the impact of domestic and foreign trade enterprises should take measures to make policy proposals to avoid risks make maximum profits.