The yuan's exchange rate has been falling since mid-July.

By the beginning of August, the cumulative devaluation had reached 6%. Although the overall rate was not large, considering that the appreciation rate of the RMB in 2009 was only 27%, this figure was enough to make many people uneasy.

Under Xiao Qi's influence, the extent and speed of RMB appreciation have slowed down significantly compared to previous lives.

By July 2010, the RMB exchange rate remained at 6.8:1 against the U.S. dollar, which seemed very stable.

Although the Americans are dissatisfied, they have no choice. With the impact of the subprime mortgage crisis and the financial crisis in the past two years, they are somewhat overwhelmed. Although they suppress China quite a bit, China counterattacks from time to time, which also makes them

Some headache.

In addition, countries such as Russia, Iran, Syria and North Korea have been very dishonest in recent years, and Afghanistan and Iraq have dragged down too much of the energy of the United States. The Americans are naturally overwhelmed and do not dare to target China any more.

Moreover, China is not as ruthless as the Europeans. Since the debt crisis and financial crisis in European countries last year, the euro has depreciated by as much as 40%, which almost caused the Americans to fight: Hey, brothers, no one can do this! Why are you devaluing it?

The amplitude is even greater than that of the United States?

For various reasons, the Americans could only acquiesce to China's slow appreciation of the RMB.

But they never said that they should let China’s RMB devalue!

Moreover, the depreciation rate is very fast and the magnitude is also large.

At this rate, if the RMB continues to depreciate, it will definitely be a huge blow to the U.S. import and export industry.

So Obama made several phone calls to Niu Ruzheng in private to communicate the opinions of the United States.

This phone call can only be made in private. Although the relationship between the two is very good, Obama is now the president of the United States and is equal to No. 1 and Boss Bian. It is not appropriate to call directly.

Of course, he also made several direct phone calls to Boss Bian, but neither Boss Bian nor Niu Ruzheng relented.

The interests of the country are above all else. Although the United States exerts heavy pressure, it is impossible for the RMB to rise and not fall.

From 2007 to now, more than 10,000 small and medium-sized enterprises in China have closed down due to trade difficulties. Although compared to the overall number, there is not much damage, the problem is that if this continues, China's economy will

Unbearable.

Therefore, China has to strive for some preferential treatment for them from time to time. The falling exchange rate is naturally good for them.

And this kind of decline cannot be short-term. It must take at least a month for it to be effective, especially for the delivery method of forward credit trade certificate.

In fact, if Europe had not been too cruel, not only desperately trying to lower the euro, but also directly threatening people with zero interest rates, China would not have followed suit and let the RMB plummet.

The United States and Europe are China's first and second export markets for small commodities. If the trade between these two places is not good, China will have a hard time.

The US dollar is depreciating, and the euro is also depreciating. What else can Chinese merchants earn?

If it weren't for many policy changes, the country's strong support, and the expansion of online trade to India, with a sufficient rear market, China's trade situation would be much worse.

What, you said the demand in Africa is good?

The problem is that they often go missing and cannot receive the balance after selling the goods. Can such a business be possible?

That is to say, the demand from Japan and South Korea has not decreased, and at any rate, there is more room for maneuver.

From this we can also understand why in the previous life, at this time, China was launching a 4 trillion plan to stimulate domestic demand - without relying on the domestic economy for consumption, 50% of China's small and medium-sized enterprises would probably collapse!!

Therefore, although this four trillion policy has many imperfections, it has allowed many factories and companies to survive until the day when the economy gradually improves, and it can be considered a credit.

Back to the devaluation of the RMB.

The decision to start devaluing the RMB in mid-July was not only due to economic reasons, but also to some political reasons.

Yes.

Just for this recent small joint military exercise.

In a country like the United States, it is not enough for you to just reason with it. It is also not enough to act recklessly like Russia. Only by being tough and giving face in the middle can we achieve our goals.

In doing this, China is much smarter than the United States, so the fall of the RMB is a good way to do this.

It is not enough to just let the RMB fall. It must also withstand the pressure of the United States and wait until a month or even two months to slowly resume its rise. Only then can the United States take it seriously.

During this period, the pressure on the United States will definitely not be small, and the United States is best at causing trouble from all aspects. For example, Japan's troublemaker will also come in handy.

Based on its current strength, China will not be afraid of Japan in war, whether in long-distance or close combat.

In terms of medium and long distances, if nothing else is said, a salvo of missiles will make Japan kneel down, and no amount of defense systems can do anything about it.

Even if we take a step back and say that if we want to fight in close combat, based on the experience of decades ago, China has no way to gain the upper hand. And according to international statistics in the past ten years, in terms of the overall quality of individual soldiers,

China also lags behind Japan - various military magazines in Europe and the United States boasted about Japan very much, which made China a little cautious.

But all worries will dissipate after the 311 super tsunami next year.

When encountering serious nuclear radiation danger, Japan's defense department helicopters were unable to fly to the sky to investigate the situation. In the end, reporters from several TV stations rushed in in helicopters to let the Japanese people know.

What happened please.

And regarding the rescue in disaster areas, the defense team members are even more surprising. Some lied about being sick and couldn't go, some threw away the relief supplies while driving and said they had been there, and even self-harmed to avoid it.

Those who were transferred to disaster relief...anyway, there are so many strange things that make people wonder how the Japanese Defense Force, known as the number one in Asia, could become like this.

In the end, several well-known groups in Japan forced middle-aged and elderly people who owed them loan sharks to wear protective clothing and enter the core area, risking their lives to detect and do things.

So Hua Guo now understands, what's wrong with the high academic qualifications of your Japanese defense team members? What's wrong with the serious and neat training and exquisite coordination on weekdays? They are just a group of young soldiers. When it comes to life and death, their secrets will be revealed!

The so-called "a useless scholar" refers to the current Japanese defense team.

Compared to the Chinese soldiers, they are simply ****!

Not to mention anything else, during the huge Sichuan earthquake the year before last year, when the ground situation in the central area was unknown, the first batch of soldiers dropped by air had all written suicide notes before going into battle, and they participated enthusiastically.

There was no giving in at all.

Another example is that more than ten years ago, during the huge flood, the soldiers who jumped directly into the gap and used their lives to resist the flood to help delay the time so that sandbags and other materials could be thrown down to block the gap as soon as possible were not forced to do so.

They didn't go there, but they really jumped off one by one.

Based on this, do you think this group of Japanese young soldiers can defeat the Chinese soldiers?

What a joke!

Do you really think electronic warfare and precision strikes are superior?

Then the United States has been fighting in Iraq and Afghanistan for more than ten years. Why is it still in such a mess?

War is always about people, not so-called too much high technology!

Or if you get angry, you'll be like the fat guy. If I can't beat you, why can't I grow a few mushrooms for myself? By then, Korea will still be doomed!

Therefore, the United States was also frightened by this gangster. It had no way to deal with him for a while and did not dare to push him into a hurry.

The United States can't even help Northern Korea, let alone China, which also has the ultimate weapon, so there is no need to worry about war or anything like that. We can just patiently fight for economics and argue.

It is also under this general premise that China does not have to worry about Japan being such a troublemaker.

Over the years, it is precisely because of the continuous understanding of the bottom line of the United States that China has been able to gradually express its own voice, unlike before, where it was suppressed everywhere.

Therefore, even if you are suppressed, as long as it is beneficial to China, you must persist even if you suffer some hardships. If you give in once you are suppressed, it will make the United States proud.

After this period of time has passed and the joint military exercises come out, the United States will not dare to move.

Regarding the situation in Asia, what the United States fears most is that China and Russia join forces. In that case, neither South Korea nor Japan would dare to move. Even Southeast Asian countries such as the Philippines would be scared out of their wits.

Nowadays, there are not many places that the United States can compete for. South America has always been their back garden, and Africa is the back garden of Europe. Only in Asia can they develop a little more.

If China and Russia unite because of too much pressure, no matter how much the United States brags about the power of the seventh ship, it will only be defeated.

In order not to irritate China and Russia too much, the United States can only swallow its humiliation and give in.

In this way, China's interests can be protected, and Russia can also gain some benefits. It can be said that everyone is happy.

Of course, China cannot ask for anything excessively, everything has an appropriate level.

Xiao Qi believes that no one can grasp this standard better than the Chinese.

The reason why it was not used in the past was because China's strength was too poor. Based on the lack of strength, the so-called strategy did not play a big role.
Chapter completed!