Job Recruitment Website - Ranking of immigration countries - Are foreign exchange reserves sufficient?
Are foreign exchange reserves sufficient?
If the RMB continues to open up and internationalize in accordance with our established strategy, maintaining foreign exchange reserves above 2.5 trillion is a necessary prerequisite. If it falls below 3 trillion, it will inevitably affect our opening-up process, because once the capital account is liberalized, a large amount of RMB wealth will flow out, and the 500 billion foreign exchange reserves may be wiped out in an instant. Someone has done some calculations and found that 1 trillion U.S. dollars in foreign exchange reserves is equivalent to 6.6 trillion RMB. Calculated based on 5 million houses, that is 1.32 million houses. Will another 3 million people want to sell their houses and immigrate? Woolen cloth? This is very possible, at least many people in Beijing, Shanghai and Shenzhen will probably do this.
Therefore, time does not wait, and domestic asset bubbles must be brought down before foreign exchange reserves drop to the warning line. Otherwise, the pressure on foreign exchange reserves will be considerable. If a large amount of capital flows out, it will inevitably cause the exchange rate to fall and assets to collapse. By then, none of the exchange rate, housing prices, and foreign exchange reserves can be maintained. It will also affect our entire internationalization process. In fact, the pilot project of QDII2, which was originally promised, has been forced to terminate. The main reason is that the gap between domestic and foreign housing prices is too large. This is indeed a tinderbox.
- Previous article:Will Maoshan Village of Laoshikan Reservoir be relocated?
- Next article:What is the American m 1 visa?
- Related articles
- Folk? Beautiful? fist
- Working hours of Suixian financial aid center
- How to apply for a long-term residence permit in Shenzhen
- Seek foreign adoption laws, the United States, Britain, France and Germany can, and there are adoption conditions! ! !
- Three groups suitable for Australian immigrants
- Immigrants from all over New Taipei City.
- What organization is the French yellow vest? Spontaneous organization?
- When did Inner Mongolia Errentai rise?
- The application process for studying in the United States: these trends must not be ignored.
- Is there an annual quota for Hong Kong immigrants?