CAJ | 학술논문

中美之间在美国次贷危机后所发生的人民币汇率之争,本质上是由于美国恃美元的国际货币地位通过滥发货币、制造国内通货膨胀来进行国际性支付的必然结果,而不是由于人民币汇率的低估所造成的。由于存在像印度等第三方的替代性出口可能,人民币汇率低估与否,对于解决美国的贸易赤字不会有丝毫的贡献,再加上美国从中国进口的商品中含有大量的美国技术、管理和原材料,人民币升值甚至会使美国受到伤害。
중미지간재미국차대위궤후소발생적인민폐회솔지쟁,본질상시유우미국시미원적국제화폐지위통과람발화폐、제조국내통화팽창래진행국제성지부적필연결과,이불시유우인민폐회솔적저고소조성적。유우존재상인도등제삼방적체대성출구가능,인민폐회솔저고여부,대우해결미국적무역적자불회유사호적공헌,재가상미국종중국진구적상품중함유대량적미국기술、관리화원재료,인민폐승치심지회사미국수도상해。
Recently,there has been burst out a controversy about the exchange rate of Renminbi.We argue that the fundamental cause about the exchange rate between Renminbi and US dollar is that American Federal Reserve Committee has been issued too much money to pay the international debts.For there is the possibility that China＇s exports into the US can be substituted by such countries or regions as India,even if the rate of Renminbi exchanging into US dollar rises,the problem of unemployment and trade-deficit would be existing persistently in the US,and further more,The US people may be hurt because the products from China including much more techonologies and properties of the US citizens.