Chapter 1665 [Offshore exchange rate has historically entered the era of “5”]
Terms such as Dongda’s GDP in 2020 and the change of ownership of the world’s largest economy have become hot searches.
Countless melon-eating netizens in China were also excited and called them witnessing history.
This year is definitely a year that will go down in history. The economic size of the large Eastern country has returned to the world's largest. This is a historic event and once again explains that last year was an extraordinary year.
Two hundred years ago, the economic aggregate of the great Eastern countries was in an absolute leading position in the world, accounting for one-third of the world's total, far ahead of countries such as Britain and Magnesium at that time.
In 1820, the economy of the great Eastern country began to decline and plummet, and it lost its position as the world's number one economy for thousands of years. But today, 200 years later, it has returned to number one in the world and once again stands at the pinnacle of the world.
This is undoubtedly an important landmark event in the "rising in the east and falling in the west" in the 21st century.
Now, not only are domestic media competing for coverage on the front pages, but even Western media have to report on this major event, and at the same time they do not deny that the world's largest economy has changed hands.
However, the sour taste between the lines of Western media almost overflows the screen, and these media do not forget to stuff dirty things into their reports. They state the objective facts in front of the news headlines because they really cannot be denied, but the subtitles immediately tell you:
What's the cost?
Then, more than 90% of the content in the entire news report was written by Black Dongda.
Even though Amrika was mentally prepared when he got this data, when he actually saw it, his mentality was shattered.
Because this data made Ah Mei realize in an unprecedented way that the black swan that Ah Mei secretly created last year not only failed to achieve the expected results, but also enabled the great eastern country to create the best growth performance in nearly half a century.
economic miracle.
The more I thought about it, the more I broke my defense. If I didn't do it, maybe it could be delayed for a few years. Now my intestines are full of regrets, and I have also suffered extremely serious backlash.
Faced with the two figures of 157.05 trillion yuan and 25.13 trillion U.S. dollars, no matter how Ah Mei polishes and optimizes its economic data, it is impossible to maintain its title as the world's largest economy.
However, it still needs to be polished and optimized. Ah Mei does not want the paper data to lose too badly, and has decided to revise the calculation method of economic data again next year, otherwise next year's data will be even worse.
There are really not many tricks that Ah Mei can use now. The paper data must be done. If you don't do it, it won't work. You must make a fool of yourself and make the younger brothers believe that the big brother can still do it.
This is actually the price and cost of maintaining hegemony, because if you don't do this, your hegemony will collapse faster, but the cost and price of maintenance are high and unbearable.
The capital market is also very excited about the economic data released by the Bureau of Statistics. Stock investors say that the big A will have a 100% good start after returning from the holiday, and there is no suspense.
No one expected that the first big news after the holiday would be such a huge benefit.
Shortly after the news was announced, the offshore RMB exchange rate surged by more than 1,000 basis points, even reaching over 6.12.
According to this trend, it is certain that the offshore RMB exchange rate will usher in the era of "5". The current situation is that the RMB appreciates strongly, but it still does not have much impact on exports.
Obviously, global capital is further optimistic about the big Eastern countries.
Foreign capital is pouring into the Greater China market in large numbers. Whether it is the primary market or the secondary market, the East is the future. This has almost become the consensus of global capital.
In the secondary stock market, the NSE 50 Index has risen from the initial value of 1,000 points to the current 11,608.9 points in the five years since its opening. The cumulative increase has reached 1,060.89%, an increase of more than ten times.
This is not an increase in individual stocks, but a tenfold increase in the broader market index.
If calculated from the historical low of 780.15 points of the NSE 50 Index, the largest increase in the past five years has reached 1388.03%, which is close to a 14-fold return on investment.
The key is that global capital continues to be optimistic about the Dongda Capital Market and is optimistic that the NSE 50 Index can exceed 20,000 points in the future.
The reason for optimism is that there is sufficient logical support and strong fundamental support. Even if the NSE 50 index has risen to more than 10,000 points, we are still optimistic. In essence, we are optimistic that the big eastern country will eventually compete with Ah Mei in this "PK of the century"
The ultimate victory is achieved because this is the most fundamental logical support.
Many overseas capital and investment institutions superficially disparage those from the East. This needs to be understood. After all, people in the West want to be "right", but everyone in the body is very sincere.
I wonder how many of the foreign capital that entered the SGX market through "Newport Connect" came in under the "vest" numbers of large-scale global capital on the surface. Do you think they are all overseas retail investors or individual small and medium-sized investors?
That is pure nonsense. With such a large net inflow, how could it be retail investors or individual small and medium investors?
…
Entering the Spring Festival holiday, the offshore RMB exchange rate continued to strengthen, with another appreciation of more than 1,000 basis points on New Year's Eve, and another appreciation of more than 1,000 basis points on Friday, February 12, the first day of the Lunar New Year.
The exchange rate of offshore RMB against the U.S. dollar jumped three times in a row, making history on the first day of the Lunar New Year. The exchange rate of offshore RMB against the U.S. dollar historically entered the era of prefix "5" and closed at 5.9857 on that day.
, surpassing the 6.0161 points in January 2014, setting a new record in the 26 years since 1994.
The biggest news on the first day of the Lunar New Year was the sharp appreciation of the offshore RMB exchange rate against the US dollar.
Obviously, the state did not deliberately intervene in the market to suppress the appreciation of the RMB, or even intended to appreciate it.
Because foreign capital has poured into the Greater China market in large quantities in the past six months, the state also intends to control it. It is okay for foreign capital to enter the country in a stable and orderly manner, but it obviously does not want to show a trend of large inflows and outflows, which is not good.
The appreciation of the RMB will not have a substantial impact on foreign investors already in the mainland, and may even be beneficial. They can exchange for more foreign exchange when they leave, because the same amount of RMB can be exchanged for more U.S. dollars.
However, the appreciation of the RMB has not yet entered the Greater China market, and foreign investors who are planning to enter will increase costs, because the same amount of US dollars will be exchanged for less RMB, which is equivalent to increasing investment costs.
When the RMB entered the appreciation channel last year, the country was still concerned about the impact on exports.
It turns out that the exchange rate has been appreciating from 7 for almost a whole year. During this period, the prices of foreign trade export products have also increased, but exports have not been affected at all, and they have broken various records, including becoming the first in integrated circuit chips.
Large export categories.
Only then did I realize that it’s so delicious that I don’t want it!
So this year I am even more optimistic, and there is reason to have more fundamental support, because the internal circulation has also risen, which is also a major source of confidence for the appreciation of the RMB. Dongda’s economy has now formed a true internal and external dual circulation, even for export trade
Declines can offset each other and will not affect the overall macroeconomic pattern.
Moreover, this year's export trade will not decrease, and may even grow further.
Because the impact of last year's black swan impact on the world has not dissipated, the world is still inseparable from the Eastern Powers, the world's super factory, and still has to come to Eastern University to purchase large quantities of goods.
As long as you have the ace card of industrial manufacturing, you will have the greatest fundamentals and the greatest confidence.
