外汇热点问题问答（Foreign exchange hot issue Q A）.doc

外汇热点问题问答（Foreign exchange hot issue Q A） Question 11: will China use foreign exchange reserves as killers or atomic weapons? Answer: we have always stressed that the foreign exchange reserves is a responsible long-term investors, foreign exchange reserves in the investment management process, we will be in strict accordance with the laws and regulations of market rules and the operation of foreign exchange reserves is also a financial investor, does not seek control of the investment object. The investment management of foreign exchange reserves must be a process of mutual benefit and win-win, we usually take let it be attitude, that is to say, if our country investment has been welcomed and recognized, we will actively deepen cooperation; on the other hand, if the country where there are some doubts, we will slow down the rhythm, strengthen communication, to seek consensus. Facts have proved that such worries and fears are entirely unnecessary. Question 12: how do you judge the trend of the dollar when the US budget deficit rises sharply? Answer: judging the dollar trend depends not only on the United States, but also on the economic conditions of other countries. After the crisis, the United States implemented a large-scale economic aid policy, the fiscal deficit soared, the market once again worried about the further depreciation of the U.S. dollar. But we should realize that the devaluation of the dollar is relative to other countries and regions, while other countries and regions are facing such or such problems, such as European countries, the government debt scale is also higher. From the recent trend of the dollar, the euro and other currencies have strengthened, such as from late 2009 to May 2010, the U.S. dollar against the euro rose by 20%. Therefore, the next step of the dollar depends on the prospects of the US economy and the recovery of the world economy, as well as the economic policies of major countries such as the United states. We hope that the