Example power point

The Exchange Rate Problem Between America and China

Vincent 100(03)

Background

• In 2008, the four of the investment bank Lehman Brothers Holding Inc. applied for the bankruptcy protection. The economic crisis was coming.

• In 2009, America declaration the “China-specific safeguard” about rise the duty of automobile tires.

• In 2010,……….

2010…Exchange Rate

• American government thinks because of the exchange rate, Chinese Yuan was undervalued, which causes too many import from China. As a result, this rise Americans unemployment rate.

My Position

• I don’t think China should be forced to change the rate so quickly.

• Five Reasons and resources to support my opinion.

• I don’t think China should be forced to change the rate so quickly.

• Five Reasons and resources to support my opinion.

Presentation Outline

1. Changing Exchange Rate to improve US economy

2. Changing Exchange Rate will result in Chinese unemployment

3. Fast Exchange Rate Change will hurt US economy

4. Conclusion

1. Changing Exchange Rate to improve US economy

2. Changing Exchange Rate will result in Chinese unemployment

3. Fast Exchange Rate Change will hurt US economy

4. Conclusion

Reason 1

• Resource : China.org.cn

• The depression of economy is a big problem which Obama took measures(domestic stimulus) to solve, but he failed many times. I think he want to change the exchange rate to solve this problem.

Reason 2

• Resource: Ubikwiti

• If Chinese Rate rise too fast, a number of Chinese employee will face to the unemployment even though Chinese economy is surplus . It is paradox to American values named equal opportunity.

Reason 3

• Resource: watching America

• If the exchange rate rise too fast, it is also harmful to Americans.

• RMB appreciation would only cause trouble to Chinese exports and would not affect price disadvantage of US products.

However, if China is the only one to appreciate, the US would see a reduced share of imports from China. Soon ASEAE and other south Asian countries would fill the void which also bring problems to America.

Conclusion

• From that five reasons, I think don’t China should change the exchange rate so quickly. It is harmful to international economy.

• How can we solve this problem???

• In my opinion, I think the best way to solve this problem is the sustainable and slow rise the rate. In this way, it will not bring so much problems because China can have enough time to develop the domestic market. American government use this time to develop in new industry to instead of using the production of “MADE IN CHINA”.

In addition, not only can solve many problems, but also decrease the impact to the world economy.

Bibliography

• Uren, David. “Battle between the US and China over the Yuan Heating Up." Wall Street Journal Jan 。 2010: n. page. Web.

• Ikenson, Daniel. “Free Trade Bulletin.” CATO Institute. n.

page Web.

• Quing, Zhangguo, . "In RMB Exchange Rate, the U.S. Finds a Political Weapon ." china.org.cn Saturday, Apr 17, 2010: n. page. Web.

• THAT’S ALL…

• THANKS!!!

VINCENT