I'll tell you briefly, and then it's up to you.
First, foreign countries have been asking for RMB appreciation, because once the RMB appreciates, it will promote foreign exports. Suppressing China's exports is not good for China, but if the RMB appreciates, a considerable amount of hot money will flow into the China market, which is also bad for China.
Looking at China again, although the data is very good, it is undeniable that China has not actually achieved the preliminary work of raising interest rates and appreciating the RMB. Since the crisis, our economy has been very strong, but the real estate industry is a big cancer of China's economic development. Once it breaks out, the consequences are unimaginable, which is why the state has always emphasized controlling the excessive rise in housing prices.
Once the real estate industry in China collapses, the RMB will depreciate sharply in an instant, which will definitely realize the return of USD/RMB to 7. By then, it will be really difficult for the China government to control it.
Second, from the perspective of the United States, it is a fact that the US dollar continues to have strong economic data. The improvement of employment data and the expectation of people from all walks of life to raise interest rates in the United States in advance have made the dollar continue to grow.
The strength of the United States is unchangeable, and 20 10 will also be a year of strong dollar.
So I suggest you keep the dollar and don't be overly optimistic about the RMB. This is an objective fact.