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Ye Tan: RMB'S Rise And Fall Will Continue.

The trend of RMB appreciation is obvious. The central bank's solution is to expand the floating range of exchange rate and prevent the formation of the RMB risk free one way appreciation. The yuan will continue to rise and fall, and the traditional foreign trade will be even more sad. Yes, this is just the beginning of reform, and ready for transformation and upgrading. Otherwise, this kind of pain will continue.