英语翻译Since the central parity rate of the yuan breached the psychological mark of 7 against the US dollar on April 10,it has aroused wide concern in and out of the country on the renminbi exchange rate.Given the complicated situation on the gl

英语翻译Since the central parity rate of the yuan breached the psychological mark of 7 against the US dollar on April 10,it has aroused wide concern in and out of the country on the renminbi exchange rate.Given the complicated situation on the gl
英语翻译
Since the central parity rate of the yuan breached the psychological mark of 7 against the US dollar on April 10,it has aroused wide concern in and out of the country on the renminbi exchange rate.
Given the complicated situation on the global financial market,it is impossible,at this moment,to predict when and where the yuan appreciation against the greenbacks would stop.And the yuan appreciation would deal comprehensive impacts on the Chinese economy.
Viewed against a global background,the renminbi appreciation is not dramatic,especially when it is compared with the appreciation of Japanese yen.
After the Chinese authorities started reforming its exchange rate scheme on July 21,2005,it gained 15 percent against the US dollars in two years and eight months.
On August 15,1971,the exchange rate of Japanese yen against the US dollar rose from 360 yen to 308 yen per dollar,14 percent up in a single day.
After the Plaza Accord was signed in September 1985,the Japanese yen appreciated about 40 percent against the US dollar in 18 months.
The two dramatic rounds of appreciation of the Japanese yen had substantial impacts on the Japanese economy,which forced the country to upgrade its structure and improved its endurance to yen appreciation.
So there was speculation that the yuan appreciation may only have a limited influence on the Chinese economy since the appreciation took place in a relatively long period.
Yet,instead of pure statistics,the exchange rate issue should be judged upon an inclusive analysis of economic structure,industrial layout,the capability and profitability of the enterprises and financial institutions.Otherwise,the conclusion about the impacts of yuan appreciation could be ultra-superficial or even misleading.
As a matter of fact,the exchange rate of renminbi received unprecedented public attention as a result of the intensifying global concern over the issue since 2001.
After China became a member of the World Trade Organization (WTO) in 2001,it was a popular expectation across the world that China would embrace a new round of opening-up by attracting more international investment,nurturing further swell in its trade and fostering its economic boom.
A call for renminbi appreciation started in Japan in the spring of 2001.In 2003,an "alliance" was formed to press China for appreciating renminbi,with Japan,the United States and the European Union taking the lead.

英语翻译Since the central parity rate of the yuan breached the psychological mark of 7 against the US dollar on April 10,it has aroused wide concern in and out of the country on the renminbi exchange rate.Given the complicated situation on the gl
自中央平价率的元违反了心理马克7对美元4月10日,它已引起广泛关注,并在离开该国对人民币汇率.
由于复杂的局面对全球金融市场,是不可能的,在这一刻,预测何时,而人民币升值对greenbacks将停止.和人民币升值将处理的综合影响,对中国经济的.
看对一个全球性的背景下,人民币升值是没有戏剧性的,特别是当它是比较赞赏日元.
之后,中国当局开始改革其汇率计划在7月21日,2005年,它获得了15 ％ ,对美元在两年零八个月.
8月15日,1971年,汇率,日圆对美元上升到360日元至308日元左右的港元,占14 ％ ,在一个单一的一天.
后广场协议签署了在1985年9月,日元赞赏40 ％左右,对美元在18个月.
两个戏剧性的两轮赞赏,日元有大量的影响,对日本经济,迫使该国,以提升其结构和改善其耐力,以日元升值.
因此,揣测人民币升值可能只拥有有限的影响,对中国经济自赞赏发生在一个相对较长.
然而,不是单纯的统计,汇率问题应该是判断后,一个包容性分析经济结构,产业布局,能力和盈利能力的企业和金融机构.否则,结论的影响,人民币升值可超肤浅的,甚至误导之嫌.
作为一个的问题,事实上,人民币汇率收到了前所未有的公众注意,由于日益加剧的全球问题的关注,自2001年以来.
之后,中国成为成员之一,世界贸易组织（ WTO ）在2001年,这是一个受欢迎的期望,世界各地的表示,中国将树立新一轮的开放行动,吸引更多国际投资,培育进一步膨胀,在其贸易和促进其经济繁荣.
要求人民币升值的开始,在日本在2001年春天.在2003年,“联盟”成立记者赞赏中国为人民币,与日本,美国和欧洲联盟的率先