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The RMB Exchange Rate Change On The Analysis Of The Impact Of Import And Export Trade In China

Posted on:2017-01-16Degree:MasterType:Thesis
Country:ChinaCandidate:Y Y ZhaoFull Text:PDF
GTID:2309330485468543Subject:International business
Abstract/Summary:PDF Full Text Request
Since we followed the policy of reform and opening, Exchange rate of RMB has experienced twice reforms. The first time was the official exchange rate and the market exchange rate of RMB came true unification in 1994,the exchange rate of RMB began to devaluation. The next time was a managed floating exchange rate system reform during 2005.RMB exchange rate start to a new phase of slow appreciation from 2005. But the appreciate of RMB trend to weakened since 2013, and the devaluation sign of RMB began in February 2014. And then,the exchange rate of RMB against the US dollar beginning depreciate sharply and bring tremendous influence to our country. As China continues to expand the openness, the degree of China’s economy which been driven by export presenting a rise. Because of the strong impact about export, the influence of RMB is also rising. In this background, we need research the fluctuation of RMB exchange rate and the change of the development of Chinese import and export trade.The first chapter introduces the research background and significance, and then make a brief description about the present research situation and documentation of domestic and overseas. At last, I summarize the research methods and framework of this paper.The second chapter is the theoretical part. This part describes the basic theory and analyzes the channel of the international trade balance which has been affected by exchange rate changes.The third chapter introduce the history of RMB exchange rate during 1980 to 2013, and then analyze the influence which about the import and export trade. In this paper, the 1980 to 2013 period is divided into three distinct phases and discuss. At last,the paper summarizes the effect of exchange rates on international trade, rates.The fourth chapter introduce the history of RMB exchange rate from 2014 to now, and then analyze the influence which about the import and export trade. Nowadays, the devaluation of RMB bring a lot of opportunities to our export enterprises,but it also bring a lot of challenge.to our financial market as well as other countries. This study focus on how to deal with bad effects which bring by fluctuation of exchange rate, and give some specific recommendations to government and export enterprises.The fifth chapter is to deal with the current recommendations of RMB exchange rate on China’s import and export trade and Countermeasures. The current devaluation is not only China People’s Bank to control the behavior of the market, a variety of economic reasons, but also due to work under. China’s current devaluation of the RMB to China’s large export business opportunities, it also brings impact to our financial markets and other countries, and this article on how to deal with the adverse effects of fluctuations in the renminbi exchange rate is reasonable response to bring to the government and exporting companies made targeted SuggestThe last is the conclusion. This chapter summarizes the full text of the general.In this paper, we focus on the influence of our country’s international trade balance which was brought by RMB exchange rate, and review the RMB history from 1980s, and then divide the different stages to anaylse. At last, I put forward some suggestions for our government and corporate which include how to deal with the change of RMB exchange rate and how to enhance the ability to avoid foreign exchange risk.
Keywords/Search Tags:exchange race fluctuation, appreciation of the RMB, depreciation of the RMB, import and export trade
PDF Full Text Request
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