Ma Guangyuan: In The Next 3 To 5 Years, There Will Be A Continuous Shortage Of Money In China.

Ma Guangyuan said that in February and March this year, the yuan will depreciate. The future global monetary policy and the monetary policy of the Federal Reserve will make the US dollar stronger, which will have a great impact on China.

This trend will change the flow of capital in the global capital market. Before it was money flowing from the United States to China, what we saw in the future is that money flows from China to the US. Once the money flows out of China, our liquidity will be greatly reduced. Do not look at the circulation of money in those 12 billion markets. In the next 3 years, money will be very valuable. Managing the cash flow of enterprises will keep the cash flow of the enterprises right. This is the most important management.

In the next 3 to 5 years, there will be a continuous shortage of money in China. The money will be very valuable in the years of money shortage. In the next 3 to 5 years, it will be the time when cash is king. Cash is king, not like the director of the Energy Bureau who puts 1 hundred million at home. The renminbi will be valuable and the US dollar will be valuable. In the past, the people's currency has been valueless for many years. From 20 trillion to 120 trillion, we all feel that the renminbi is not worth the money, and the renminbi is sorry for the people.

In the next 3 years, you must pay attention to the value of the renminbi, you must pay attention to the value of the renminbi. In 2014, the financing and financing difficulties were mainly due to the fact that less money and less money were mainly due to the fact that international capital was flowing out of China.

Ma Guangyuan said that in September of this year, China's

Suddenly 100 billion less, the State Administration of foreign exchange explained that due to exchange rate changes and so on, but he thinks the real reason is that money is flowing out of China.

He called the future.

Exchange rate changes are not like one-way changes in the past 10 years. In the past, the US dollar has depreciated by 40%, and the renminbi has appreciated by 40%. In the short term, the trend of the RMB must be push ups. It will not rise on one side. In the medium term, it may be like the US dollar, maintaining the appreciation of the US dollar and the slight appreciation of the renminbi. The long term RMB must be depreciated. Our foreign exchange will definitely decrease gradually.

Next year, once the Federal Reserve increases interest rates, international capital will accelerate the flow of emerging markets. In the first half of 2015, we expect that the RMB should maintain its devaluation trend, so if we look at the US dollar and look at the renminbi now, it is relatively valuable. Before our company got the US dollar, it would run to the bank for Renminbi, because the renminbi appreciated every moment, now it is different. Now you can get us dollars and invest in US dollar assets. This is not a big problem. It is an insurance option.

So I think we must manage the money well. We must ensure that our capital is alive. This winter will be longer. In winter, the most important task is to survive. Is there any spring in the future? There must be, but if you die in winter, spring has nothing to do with you.