Yuan Is Not Happy

Name: Yuan Is Not Happy
Author: Yan Xingfang

人民币不高兴

by Yan Xingfang (严行方)

Status: Completed
Source: Fanqie

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Stats

8.4Score

11Chapters

Synopsis

The RMB is China's currency, and the level of the RMB exchange rate should be determined by the Chinese people. This is related to the economic sovereignty and dignity of a big country, and other countries will never be allowed to make irresponsible remarks or interfere. It is not impossible for the RMB to appreciate, but the formation mechanism of the RMB exchange rate will never be forced to submit under external pressure. To paraphrase a popular sentence: "China is unhappy, and the consequences will be serious!" If this triggers a trade war, China is willing to stay with it until the end!

Reader comments

This book has an interesting perspective, emphasizing the importance of the renminbi and China's economic sovereignty. Reminds me of the book "Currency Wars". They both explore the impact of finance on countries. The plot of the United States using exchange rate means to suppress competitors mentioned in the book also reminded me of the characters in the movie "Wall Street", who do whatever it takes for their own interests. However, this book also reminds us to remain vigilant and maintain the country's economic security.
6 likes2y ago

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