RMB appreciation will stop here (to accept an interview with Nanfang Daily)

 Yang Fan, an economist about the U.S. financial crisis and pointed out that:
forests had been acquired, it was considered the best insurance company American International Group, AIA is not insurance, hh is hosted by the U.S. government to the U.S. subprime crisis, the impact of the global economy how much, how deep? whether the easy way out of the capital market? yesterday Economists, China University of Political Science at the Business School Professor Yang Fan way. He is the analysis of the current small and medium enterprises are facing export difficulties concluded: Unlike the U.S. economy
fact, since the U.S. subprime financial crisis caused by the outbreak, China's exports most affected, the reaction is the fastest growing stock market followed the U.S. stock market swings, stock index from the fell to 2,000 points 6,000 points, followed by slightly stabilized, but when the U.S. again broke the Lehman bankruptcy, announced the world's leading insurance companies managed by the government after the main stock index fell to 1,800 points again quickly. Next, the Chinese stock market can out of this global crisis, go their own way independently? Yang Fan pointed out that the market for nearly two days to go well, no longer go with the U.S. stocks, after all, still a confidence issue. In fact, the Chinese economy and the U.S. completely different, the potential of China a great deal. Meanwhile, the dollar may well continue to fall, but the yuan is not up again, the Chinese Government is fully capable to stabilize the financial markets.
financial crisis into a major currency of RMB or
Yang Fan also for the current small and medium enterprises, particularly export-oriented import and export enterprises are facing difficulties that Chinese enterprises do not have to rely on more than 200 million people in the United States, we ourselves can weather the storm. low-cost manufacturing can not be the main component of the economy In the final analysis we go high-tech core technology industry of the road.
Fan Yang said that China's economic development must move away from dependence on the U.S. dollar depreciation or not is not important, anyway, stop here RMB appreciation. And We should believe that the Chinese government's regulatory capacity, and this is the U.S. government can not do. the crisis came, the Chinese government will be able to fully demonstrate the important role of economic stability and political cohesion. Yang Fan, said the financial crisis, the International market will have a variety of currencies, even if the RMB freely convertible in 10 years can not be announced, the yuan must have been the main currency of international recognition.
intern reporter Yan Ying Zhu Guifang