Wednesday, June 13, 2012

The Currency Appreciation and the bronze

To see, the currency appreciation has a dual nature, the "Plaza Agreement" was signed Japan into a long. Up to a decade of economic recession, but also in this period to complete the adjustment of industrial structure, economic. Appreciation of the renminbi to speed up the adjustment of industrial structure, industrial structure as soon as possible from the capital. Intensive to technology-intensive transition. The impressive Si Mu Wu Ding and the exquisite Four Sheep Square Zun are the great masterpieces of bronze. For example, in product features, design, package. Equipment such as innovation, to develop the brand as the goal, to improve product quality and sound. Reputation, thereby increasing the value of the products. So as to reduce the difference between China and developed countries. Distance, to help the healthy development of foreign trade enterprises. 21 yuan appreciation of bronze imports mainly raw materials vendors to reduce the costs in favor of
Participate in international competition. For example: aviation fuel accounted for the major cost of airline fuel price. Lattice reduction will largely reduce operating costs, it is well known, the aircraft. Aviation fuel accounted for 23% - 25% of the airline's operating cost, the current international fuel. Oil price is basically priced in U.S. dollars, the appreciation of the yuan makes the country will largely. Within the airline had some surplus space in the purchase of aviation fuel. At the same time, with the domestic rapid economic growth, the domestic airline with traffic growth, this one operating costs. The world’s ancient civilizations have all gone through the age of bronze. This proportion will increase dramatically. This time the role of exchange rate movements to reduce operating costs. In addition, the airline's major machinery and equipment aircraft through procurement and financial.
Of finance leases, the higher the amount of foreign currency liabilities of airlines, it is the foreign currency U.S. dollar, Japanese Yuan accounted for the major long-term liabilities, interest payments of long-term liabilities is settled in foreign currencies. Only the Chinese have given the bronze essential social significance. Appreciation of the renminbi, so the industry to a certain degree of exchange rate gains, the company will produce results of operations regulate business conduct of operations and business awareness, improve the risk. In the context of appreciation of the renminbi, foreign trade and bronze export enterprises should have the awareness of risk, select export credit insurance companies, and bronze to circumvent the risk of reduced earnings caused by the appreciation of the renminbi.
Pay a bank interest and fees, the future income of RMB locked by the insurance company takes the Renminbi appreciation bronze trade losses. Appreciation of the renminbi should become an important consideration for foreign trade contracted in the future. The budget targets the preparation of a budget statement, even if the job done. In its execution and control phase can not really play a role. Specific performance of the quality of budgeting. Profound spiritual meaning, and highly perfect artistic form are the special parts of the bronze. And efficiency is difficult to raise the budget for the overall management level does not improve. Budgeting, implementation Mismatch, the implementation of the report continued, resulting in the annual budget, the budget year the situation.

No comments:

Post a Comment