wholesale fine jewelry phoenix az Can the renminbi circulate in Taiwan?

wholesale fine jewelry phoenix az Can I buy things directly in Taiwan?

2 thoughts on “wholesale fine jewelry phoenix az Can the renminbi circulate in Taiwan?”

  1. jtc wholesale jewelry No. Since the entry of RMB into Taiwan, the topic of Taiwan ’s authorities has opened the RMB exchange business last year, and the disputes over the renminbi collection business around Taiwan’ s island will continue. Recently, Peng Huainan, president of Taiwan ’s“ Central Bank ”, said that“ the current stage is the best time to open RMB in Taiwan ”, and immediately became a hot topic on the island. The best time to open RMB exchanges. According to Taiwan's "China Times" reported on the 26th, Peng Huainan, president of Taiwan's "Central Bank", said in a report in the "Legislative Council Finance Committee" report that Taiwan can only redeem the RMB through the "Golden Horse Little Three Connect" model. Essence The opening of the island in Taiwan directly exchanged for RMB, which basically does not have a negative impact on the economy. "At this stage is the best time to open RMB in Taiwan." Become a transaction medium, so "it is bad for Taiwan!" Peng Huainan emphasized that the sooner the policy should be opened, the better. If the "MAC" is loosened, the "central bank" can open RMB exchange business within one week. Many bank companies immediately said that the renminbi has already been prepared in Taiwan to exchange software and hardware. If the policy is open, "trading can be traded the next day." It is reported that Peng Huainan, who has always been "soft and cautious", shows that Taiwan's "Central Bank" is very urgent to exchange RMB exchange. On the issue of opening up the RMB in Taiwan, although the Taiwan ’s“ Ministry of the Executive Yuan ”has the consensus of open implementation, there are still differences in specific measures. Taking the applicable object as an example, the "Ministry of Finance and Finance" believes that comparable to the general "foreign currency" exchange operation, there is no object limit; Let the time be exhausted in "to be further coordinated". According to reports, in the future, the Taiwan authorities are expected to open the island to exchange RMB in the form of "staged processing". In the first stage, it will be supported with the opening of the residents of the mainland to Taiwan to open the exchange in a fixed -point and quantitative manner. But to be fully opened, it is still "very cautious." In fact, people on the island love to use RMB. In fact, the island's request to directly exchange the sound of RMB has a long history. Due to the relatively stable and strong and rising momentum of the renminbi value, it is known as the "US dollar" in Asia. In recent years, with the gradual expansion of cross -strait economic and trade exchanges, the people on the island have publicly used RMB. After the Taiwan authorities were forced to open the "Little Three Connect", the residents of Kinmen, Matsu and Xiamen have already generally used the RMB and NT $. "The second currency" and "the three major circulation currency of the coin market in the island" and the US dollar are tied. A spicy hot pot chain store in Xinyi Road, Taipei City has publicly posted a notice sign of "our store accepts RMB consumption". The favorite tourist attractions of mainland tourists such as Alishan and Sun Moon Lake are even more unimpeded. Shops, hotels, and hotels in large cities such as Taipei and Kaohsiung are even public or private. On October 3, 2005, after the Taiwan authorities were forced to open the RMB exchange business in Kinmen and Matsu, the average daily exchanged transaction volume was nearly 1 million yuan per day, and it exceeded 100 million yuan within 6 months. But this is still "a business -saving" for the demand for people on the island. According to statistics, people on the island have traveled to the mainland in recent years. In the past two years, the average number of tourists has exceeded 4 million per year. According to Taiwan's "United Daily News", as the RMB has risen in the international currency market, the people on the island holding the RMB are quite high. Therefore, the conservative estimate of an average of more than 25 billion yuan of RMB brought into the island each year. If Coupled with the RMB carried by the fishing boat offshore transactions, the current "RMB cash is absolutely exceeded of 100 billion yuan." Such a huge capital flow has no formal channel exchange, which directly leads to the circulation of "an alarming speed" on the island, and even shakes the "dominant position" of the New Taiwan dollar in the field of circulation in the island. Some people are happy. Some people are worried about Peng Huainan's statement. The business community generally stated that opening RMB in Taiwan has little impact on Dalin Stream, but it can guide the normalization and legalization of small gold flows that can lead to underground. Letting banks have a business opportunity to earn a difference is a good phenomenon for strengthening interaction between the two sides of the strait. Some financial operators said that sooner or later, the authorities will open mainland tourists to Taiwan, so it is necessary to prepare for the preparation of related supporting facilities such as renminbi in Taiwan. "In particular, there are not many people with credit cards in the mainland. Exchange in Taiwan believes that it can stimulate mainland tourists consumption, which is good news for the retail industry. " Lin Xiangkai, a professor at the Department of Economics of Taiwan University, said that the "Central Bank" of Taiwan's "Central Bank" released the message of renminbi in Taiwan. Obviously, it focused on opening mainland tourists to Taiwan. Exchange is not justified at all, meaningless. Xu Songgen, a professor at the Institute of Organization of Tamkang University, also said that currency exchange was originally normal, but cross -strait relations were both sensitive and special. They must be carefully planned and should not be released lightly. Opening and exchange is not easy to report according to Taiwan's "China Times", as early as Xie Changting's "Executive Dean", he intends to open the RMB exchange business, but because of the "National Security Council" led by Chen Shui -bian, the "National Security Council" mainly opposed it. It's gone. Recently, "independence" has a strong attitude in many issues, making the "Executive Yuan" very cautious when dealing with cross -strait economic and trade policies. Therefore, in the short term Some island experts believe that the Taiwan authorities have always insisted on asking the official negotiation to "sign the Cross -Strait Currency Clear Agreement" and use it as a prerequisite for circulation in Taiwan. The Taiwan authorities obviously want to use the clearing mechanism between the People's Bank of China and Taiwan's "Central Bank" to implement the so -called "one country". This is a threshold that cannot be avoided for open RMB exchanges. In addition, the Taiwan authorities are also worried that the RMB will further enhance the dependence of Taiwan's economy on the mainland after the RMB is free in circulation in the island. This is also what the Taiwan authorities do not want to see it. Therefore, unless the Taiwan authorities' pressure on this issue reaches a considerable degree, it will never relax easily.

Leave a Comment

Shopping Cart