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此雕刻个国度用人民币代替美元结算, 美国此雕刻

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銆€銆€iv) Enhance Yuan's stature and improve China鈥檚 standing

銆€銆€China desires to have Yuan included in IMF's so-called Special Drawing Right's basket so that it gets an enhanced stature and be treated as an elite currency along the likes of the dollar, the euro and the yen. The I.M.F. last week deferred that particular seal of approval, deciding not to include it.

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銆€銆€v) Currency Manipulation at work

銆€銆€Many also accuse China of trying to gain an unfair trade advantage over America though 鈥渃urrency manipulation鈥?鈥?just as the US is negotiating the important Trans-Pacific Partnership trade agreement with a number of China鈥檚 rivals, including Japan.

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銆€銆€Impact on the World Economy:

銆€銆€Harm businesses in other countries:

銆€銆€A cheap yuan gives Chinese exporters an advantage in world markets, which can harm businesses in other countries.

銆€銆€Currency Wars:

銆€銆€Since it will make Chinese exports more competitive and exports from other countries uncompetitive . This would lead to other countries also due their currency leading to a currency war .

銆€銆€Deflationary tendencies:

銆€銆€Some countries which have not dued may experience deflationary tendencies in turn slowing down economic growth in the country and inturn the world. Countries importing goods from China would be a victim of this direct deflationary effect.

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