The Truth of RMB Appreciation Pressure: from the Perspective of Powers' External Pressure

From the recent economic performance of China,it can be seen that the pressure RMB faces is mainly from the external pressure of large economies, such as the United States,the European Union,and Japan.These powers put pressure on RMB appreciation for their own economic interests or political intentions.However,the purpose and strategies to put pressure on RMB are different because the strength of national economies and the demands are different.Therefore,China must recognize the truth of the appreciation pressure,and adhere to promote the reform of the RMB exchange rate formation mechanism autonomously.