Inside the villa.
"Great Chai Ren was impressed.
Top ten.
Every country is not weak.
Six years ago, a country with little sense of existence in the world, like a rocket, set new records again and again, and was about to enter the top ten of the world.
It's amazing.
。。。
Yes.
Last year.
Myanmar's GDP growth.
In addition to the prosperity of trade, there is another important factor - the appreciation of Asian dollar. Because GDP is calculated at home and then converted into dollars.
But there is no denying that.
Myanmar's economy is indeed improving.
Otherwise.
It's impossible to sustain it at the trillion dollar GDP level. Thinking of the Asian dollar exchange rate, Chai Ren sighed again. At the beginning, when the Asian dollar was priced.
Exchange RMB one to one.
Now.
It's already 1:1.3, one Asian yuan, for one yuan and three yuan, up 30%. Moreover, there is a rising trend.
The future.
One to one and a half.
Even.
One to two is possible.
All this.
It's not that RMB can't. You know, the United States has been calling for RMB appreciation for a long time, believing that RMB is undervalued, and it is only reasonable to double at least.
However.
The appreciation of the local currency hit exports hard.
So.
The top strategy has been steady appreciation. The Asian dollar is different, although it also depends on exports, but the dominant enterprises in exports are too single.
The Bank of Myanmar group is the only one.
Others.
Only a small amount of export food.
So.
Even if the Asian dollar appreciation, as long as the Bank of Myanmar group is not afraid of losses, then it will not affect the overall economy of Myanmar. This is the key.
So to speak.
Asian yuan and RMB are not going the same way.
。。。
Asian dollar appreciation.
From the perspective of trade, it represents the rise of Asian dollar goods. At first, China imported goods from Myanmar for only one yuan, but now for one yuan and three yuan.
However.
Huaxia is not worried.
After all.
In bilateral trade.
Myanmar's adjustment to the economy will reduce these losses, such as a large number of orders and tax cuts, and the impact will be controlled within a certain range.
On the contrary.
The appreciation of the Asian dollar, as the country holding the most Asian dollars, China is absolutely not at a loss. Let alone the current ratio of 1:3, even if it rises to 1:2.
So what?
Yes.
Chinese people may spend more money to travel, but what about that? It's more expensive. What's the price? In this way, everyone spends money on domestic tourism.
Isn't it better in China?
All in all.
The appreciation of the Asian dollar is the trend of the times.
。。。
Right now.
Look at the data.
Again.
India is sour again. Last year it was only 1030 billion, and this year it is more than 13000 billion. At this rate, Myanmar's GDP will surpass India's next year.
All of a sudden.
I was quite depressed.
What's more depressing is that with the current growth rate of the Asian dollar exchange rate, even if Myanmar will remain the same next year, it will rise after converting into US dollar GDP.
This is even more congested!
I want to learn.
It's a pity.
I can't learn.
A rise.
Exports, which are already in recession, will be even worse. What's more, it's not up to India to decide. Unlike Myanmar, the central bank decides the exchange rate.
The exchange rate of rupee is determined by the international exchange rate market. There is an essential difference between the two. The former is to take the initiative as much as others say.
The latter.
It's completely passive.
So.
Countless people look at the Indian authorities eagerly, because India's data have not yet been released, they just hope that the number will be a head down.
The more.
The better.
。。。
See how eager the people are.
How can the Indian authorities disappoint them? When the Bureau of statistics looks at the data reported by the States, there is still a slight increase on the basis of last year's data.
Though.
These data are very false.
But it's not.
What India wants is noodles. After reporting to the president, the Bureau of statistics of India immediately increased the rate by 1% on the basis of the sum of the States.
I'm sure you can beat me.
Next year.
Even if the growth rate of Myanmar is still 30, if we change the number, at least in the next two years, it will not be "surpassed" by Myanmar. We can be more practical.Later?
Continue to change.
Anyway.
The main purpose of this data is to boost confidence. It has no practical purpose. At least in terms of face, India can't lose too much.
What's more.
There are still more than two years left in this term of office. During this period, they will not be able to control how the new cabinet adjusts.
"Announce it!"
"Yes."
。。。
So.
After Myanmar, the Bureau of statistics of India also released GDP data.
Then.
"Gulu!"
In countries all over the world, just a flash of water and then disappear. It makes the Indian authorities gasp. Wow, how come no one pays attention to it?
Take a look.
Your eyes are not on Myanmar's GDP, or on the referendum on the withdrawal of Greece, and on the Davos forum, which is now in full swing.
India?
Sorry.
The media of various countries said: no interest for the time being.
After all.
You are a big country with a population of more than one billion, with a GDP of more than one trillion US dollars. Moreover, it is heavily adulterated and has little authority.
Look at Myanmar.
March.
More than 400 billion US dollars of orders, solid, huge infrastructure projects, solid, almost overcrowded tourists, is also solid.
Everything.
People will not question the authenticity of the GDP of more than one trillion US dollars. Apart from the population, India can't really compare with Myanmar as a neighbor.
What else do you care about?
。。。
That's it.
India's GDP released last year was intended to regain some face, but it found that no one cared except themselves, and they were very angry.
Finally.
Can only suppress the depression of the heart.
Right now.
After sulking, the Indian president who is attending the forum in Davos looks up at the French president who is making a speech on the stage and is in a daze.
On stage.
There is a speech on European debt.
"The euro will never sink."
“。。。”
"The sovereign debt problem in the eurozone will be solved before the crisis spreads, and investors in Eurobonds will not be forced to accept unbearable losses."
“。。。”
"For those who bet on the euro, I want to remind you."
"Be careful with your money, because we are determined to defend the status of the euro. Absolutely not - listen, absolutely not - give up the euro. "
“。。。”
The voice is sonorous and powerful.
The attitude is firm.
Of course.
What he said was that he would not give up the euro. He did not say that Greece's debt crisis is still in the game. For France and Germany, Greece is a small matter.
The euro is a big deal.
Just like now, the power of currency can impose financial sanctions on all the people of Greece in an instant. How can such power be given up?
The euro.
It is the consolidation of French and German forces in the EU.
Under the stage.
The Greek president turned his lips.
Defending?
It's not for this financial power to freeze a country's capital flow in an instant. When Greece entered the European Union, it was ostensibly seeking Goldman Sachs to cheat.
But.
The European Union is also fully aware that it is not to expand the power of the European Union to absorb Greece. How can these people be so easy to cheat?