Of RMB appreciation in the trade surplus to stabilize the transmission mechanism - Thoughts on the Ministry of Commerce ...

 Of RMB appreciation in the trade surplus to stabilize the transmission mechanism
mm Responding to the Ministry of Commerce involved in the sequence of events vortex appreciation
Chen Taifeng
unconsciously, the Ministry of Commerce has recently become the focus of media attention and become hot topics mm Appreciation of the official characters. it generally is the case, 17 January, media reports, ;,UGG boots, and detailed reference to the aroused the concern of the whole society, has been criticized, it was in favor of a time, the Ministry of Commerce has now become the responsibility of a central bank should belong to the leading policy issues. forced by strong social pressure, almost in this news broadcast a few hours, the Ministry of Commerce External clarified that began, .
then this report in the end what is it? to produce such an uproar and why it? the original, but is a psychological state of the speculation and anticipation, the news media and the general public between the misunderstanding. things to the fuse Since the January 17 official website of the Ministry of Commerce published an article published by the Institute of the Ministry of Commerce of China, called policy recommendations, together with the report touches on the currency issue is very sensitive, so the first time drew media attention, and then intended to take fragments, distorted become directly under the Ministry of Commerce functions as the State Department an official statement behavior. And, even more coincidentally, in the January 15 Minister of Commerce Bo Xilai has just published br> I am on Jan. 17 in Shanghai informed of the news, when I felt as if this news is not consistent with common sense, but I never thought things would turn out to so serious. The reason was not feeling normal, the main There are so few, first, the RMB is a hot issue, important sectors of the Ministry of Commerce as a national issue had never been publicly state table. Suddenly, the Commerce Department proposed and agreed statement of RMB appreciation, so I can not help but wonder Are differences of opinion between national ministries serious enough to open it? Second, on the revaluation of the yuan, the People's Bank of China is the most authoritative official representative of the Ministry of Commerce on this issue has no right to speak, suddenly, Ministry of Commerce of how sound is it? Third, the RMB appreciation is a hot topic in China, but rarely seen in recent reports on the currency issue, here came a sudden such a big news story is no different from a ground-breaking. s Third, according to academic judgments, the renminbi will appreciate the short term is impossible, so this story is undoubtedly the academic judgments against me. Therefore, combination of these factors, my intuition I had doubts about this news. results I doubt it is proved correct, the original is really a misunderstanding.