If The RMB Exchange Rate Falls Further, Foreign Investors Will Swarm.

Zhang Ming, director of the International Investment Office of the Chinese Academy of Social Sciences, believes that three reasons can not be ruled out: first, the central bank tried to make cross-border cross-border arbitrage losses through the devaluation of the RMB, and warned the cross-border arbitrers; the central bank may be preparing to ease the daily average volatility of the RMB against the US dollar; the central bank may further suppress the shadow banking and interbank business by maintaining the interbank market < a href= "http://www.91se91.com/news/index_c.asp" > high interest rate < /a >.

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< p > for many foreign trade enterprises in Guangdong, Zhang Ming said, "the depreciation of the RMB is a good thing for exports". However, because this devaluation is controlled by the central bank, the time may not last too long.

Nevertheless, clothing, tourism and other industries have been affected by short-term fluctuations.

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< p > < strong > > a href= "http://www.91se91.com/news/index_c.asp" > garment export industry < /a >: "no external orders will be answered first". < /strong > /p >

The depreciation of RMB P has an obvious impact on the manufacturing industry related to import and export.

Garment manufacturing industry in Guangzhou is a large export industry.

Nandu journalists learned from the village of Lujiang that the garment factory which had received the foreign orders had made a passive response.

A garment factory owner beside the Lujiang neighborhood committee said, "the sharp fluctuations of last Friday spread throughout the industry, but the fluctuation of the day can not make us fully judge the trend of orders."

The boss said, at present, we can only "do not take orders first, no external orders are not answered."

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< p > in garment wholesale market, the operation of < a href= "http://www.91se91.com/news/index_c.asp" > foreign trade goods < /a > also tends to be gloomy.

Nandu reporters saw yesterday at the "one avenue" shopping mall near the railway station. There were still people in Main Street A District, but few shops were in business, and several pavements were not even opened.

In the D area of the foreign trade clothing area, a "model doll is more than human", where 70% of the pavements are locked with iron gates.

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Mr. Feng, one of the stalls in the P D area, said that the external orders were less overall last year, and foreign orders were overdue, so that after the new year, some of the stalls were still half open and half stopped.

According to Mr. Feng, after the US economic crisis in 2008, a large number of export clothing bosses began asking the other side to settle accounts in Renminbi.

Since most European and American orders are operated by local Chinese businessmen, it is logical to use RMB settlement.

But the pace of economic recovery in Europe and America is slow, especially since last year, many European and American businessmen did not pay late.

Mr. Feng said that the short term fall in the renminbi would not have a big impact on business. If it fell too much, it might have an impact on the money that had not yet been received.

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< p > "we are also concerned about the fluctuation of exchange rate. To be honest, if the RMB can fall another 5%, it will be a good thing for us."

Mr. Feng said that according to his many years of experience, it would be best to exchange $1 for 6.3-6.4 yuan and exchange rate of 1 euro for 8.9- 9 yuan.

"At that time, the number of garments exports will increase, and foreign businessmen who usually earn only 0.5 dollars, 0.3 yuan and one piece of clothes will naturally flock to earn the price almost doubled.

The whole garment industry is going to rise. Believe it or not, you can see. "

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< p > < strong > Sanyuanli leather goods market: the rate of exchange rate decline is far from reaching the expected target < /strong > < /p >

< p > the market of leather goods in Sanyuanli guihugang area is the largest market distributing center for leather goods trade in the country.

A reporter from Nandu has found that the stall owners who export leather goods have little response. Most of the stall owners indicated that the RMB exchange rate declined little. Due to the short time, the overall impact on their business is not large. They still need to wait and see. Some stall owners worry that the RMB exchange rate has rebounded over time.

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< p > > the short term rally of the RMB exchange rate has little impact on us. According to the Miss Wu, the majority of wholesale leather products do not receive much money, but the RMB exchange rate continued to decline in late February. She feels that the exchange rate has dropped, but the drop has not been reduced to their expectations. According to her experience, "the RMB exchange rate stability at 6.3-6.4 is the most ideal, and the demand from abroad will increase greatly." she said she would pay close attention to the change of the RMB exchange rate, and hoped that the RMB did not come down in the short term and come back over time. She also expressed concern about the setbacks in the RMB exchange rate.

Because orders, purchases and shipments from foreign investors are a series of processes. If the RMB exchange rate is down from the next order to the shipment, then it will be fine. When we place the order, the RMB exchange rate will drop, and the RMB exchange rate will rise again when it arrives at the time of shipment.

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< p > < strong > foreign travel product agents: delay in settlement and reduction of company profit < /strong > < /p >

< p > Mr. Fan is a tourist practitioner.

Last Friday, he posted several foreign exchange charts for his cell phone screenshots in WeChat's friends circle to show his concern.

Mr. Fan's company is targeting high-end domestic and overseas customers, and has signed many domestic agency services in many Southeast Asia, Europe and America.

March is the off-season of traditional tourism. Foreign high-end hotels are attracting guests from mainland China with very preferential experience prices.

The "Oriental Express" Hotel, which sells more than 5000 yuan (RMB) a night, needs less than 2000 yuan (RMB). It really benefits the high-end customers who are off-season tourism.

But in February 28th, the exchange rate fluctuated and the RMB fell sharply, which made us very worried.

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< p > he explained that because of the role of agents, booking international services involves a lot of prepayment projects.

In general, domestic customers purchase their company's services in the form of bank remittance or credit card payment, which is spent on RMB, then their companies reserve overseas hotel rooms and other landing services, but the payment is US dollars.

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At present, a customer who travels in Switzerland has lost a lot of money to Mr. P.

Two weeks ago, Mr. Fan bought the hotel room at the exchange rate of 6.08 (1 yuan RMB). When it settled the second station hotel in February 28th, the exchange rate had exceeded 6.22 yuan, of which 0.14 yuan could only become the cost of the company, so the profit would naturally decrease.

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< p > "since the announcement of the Q E delisting last year, the strength of the US dollar can be expected, so there is a certain psychological expectation for the gradual depreciation of the RMB against the US dollar, but yesterday's situation was so volatile that it did not occur to me.

And before a few bills are paid in dollars, it does feel a lot of pressure. "

Mr. Fan said.

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