Chapter 2278 Absolutely Not

Inside the villa.

"Great!" Chai Ren exclaimed in his heart.

top ten.

Every country is not weak.

Six years ago, a country that had almost no sense of presence in the world, riding a rocket, broke records again and again, and was about to break into the top ten in the world.

Really great.

. . .

True.

last year.

Myanmar's GDP growth rate.

In addition to the trade boom, there is another important factor - the appreciation of the Asian dollar. Because GDP is calculated in the country first, and then converted into dollars.

But it is undeniable.

Myanmar's economy is indeed improving.

otherwise.

It is simply impossible to sustain at the trillion-dollar GDP level. Thinking of the Asian dollar exchange rate, Chai Ren sighed again. Back then, when the Asian dollar was priced.

One-to-one exchange for RMB.

now.

It is already one to one point three, one Asian dollar, for one yuan and three yuan, an increase of up to 30%. Moreover, there is a continuing upward trend.

future.

One to one point five.

even.

One to two is possible.

all of these.

It's not that RMB is not. You know, the United States has long been calling for the appreciation of the renminbi, thinking that the renminbi is undervalued, and it is reasonable to at least double it.

However.

The appreciation of the local currency has hit exports hard.

therefore.

The top strategy has been to steadily appreciate. The Asian dollar is different, although it also relies on exports, but the enterprises that dominate in exports are too single.

Bank of Myanmar Group, a dominant one.

others.

Eat only a small amount of food.

therefore.

Even if the Asian dollar appreciates, as long as the Bank of Myanmar Group is not afraid of losing money, it will not affect the overall economy of Myanmar at all. This is the key.

It can be said.

The Asian dollar and the renminbi do not go the same way.

. . .

The Asian dollar appreciates.

From the perspective of trade, it represents the rise of Asian dollar commodities. Huaxia imported commodities from Myanmar, which were only one dollar at first, but now three dollars.

but.

Huaxia is not worried.

after all.

in bilateral trade.

Myanmar's economic adjustment 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.

As the Asian dollar appreciates, as the country that holds the most Asian dollars, China is definitely not at a loss, not to mention the current one to three points, even if it rises to one to two.

so what?

Yes.

Chinese people may spend more money to travel, but so what? Expensive, what? In this way, everyone spends money on domestic travel.

Isn't it better in Huaxia?

In short.

The appreciation of the Asian dollar is the general trend, and it can be regarded as a popular expectation.

. . .

now.

Look at the data.

same.

India is sour again. Last year it was only 1030 billion, and this year it is more than 13000. At this rate, the GDP of Myanmar will surpass that of India next year.

Immediately.

I was quite depressed.

What is even more depressing is that at the current rate of growth in the exchange rate of the Asian dollar, even if Myanmar remains the same next year, it will still rise when converted into US dollar GDP.

This is even more frustrating!

Want to learn.

pity.

Can't learn.

A rise.

The already sluggish export will be even more bleak. Besides, this is not something that India can decide. Unlike Myanmar, the central bank decides the exchange rate.

The exchange rate of the rupee is determined by the international exchange rate market, and the two are essentially different.

the latter.

is completely passive.

then.

Countless eyes looked at the Indian authorities eagerly, because India's data has not been released yet, they only hope that the numbers will overwhelm Myanmar.

more.

the better.

. . .

See people so eager.

How can the Indian authorities let them down? The Bureau of Statistics saw that the data reported by the states still increased slightly on the basis of last year.

Although.

These data are very fake.

but.

All India wants is a face. To sum up, after the Bureau of Statistics of India reported to the President, it immediately increased by 1% on the basis of the sum of the states.

Definitely can crush Myanmar.

next year.

Even if the growth rate of Myanmar is still 30, it is a big deal to change the number, at least in the next two years, it will not be 'exceeded' by Myanmar, you can be more practical.

later?

Continue to change.

Anyway.

The main purpose of this data is to boost confidence, and it has no practical use. At least in face, India cannot lose too badly.

and.

There are still a little more than two years left for this term of office. During this period, they will keep their face full, and then they will not be able to control how the new cabinet will be reorganized.

"Announce it!"

"Yes."

. . .

then.

After Myanmar, the Bureau of Statistics of India also released GDP data.

Then.

"Gollum!"

In countries around the world, it just disappears after a splash, and the Indian authorities twitch at the corners of their mouths, wow, why is no one paying attention?

one look.

Everyone's attention is not on Myanmar's GDP, but also on the referendum on Greece's withdrawal from the group, as well as on the Davos forum that is being held in full swing.

India?

Feel sorry.

Media from 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, and it is so adulterated that it has almost no authority.

On the other hand, Myanmar.

March.

The order of more than 400 billion US dollars is real, and the huge infrastructure project is real, and the tourists who are almost overcrowded are also real.

everything.

No one will question the authenticity of this trillion-dollar GDP. Except for the population, India is really incomparable with the neighbor of Myanmar.

Then what are you concerned about?

. . .

that's it.

India announced last year's GDP, I wanted to regain some face, but found that no one cared except themselves, and suddenly became angry.

at last.

It can only suppress the depression in my heart.

now.

After sulking, the Indian President, who was attending the forum in Davos, looked up at the French President who was giving a speech on the stage, in a daze.

on stage.

A speech on European debt is underway.

"The euro will never fall because of this."

"..."

"Euro zone sovereign debt problems will be resolved before the crisis spreads, and eurobond investors will not be forced to accept unaffordable losses."

"..."

"To those who bet against the euro, I would like to remind you."

“Be careful with your money, because we are determined to defend the euro. There will never be — please listen, absolutely not — the euro will be given up.”

"..."

The sound is sonorous and powerful.

Resolute attitude.

certainly.

He said that he would not give up the euro, and he did not say anything about the Greek debt crisis. The two sides are still in the game. For France and Germany, Greece is a trivial matter.

The euro is a big deal.

Just like now, the power of currency can instantly impose financial sanctions on all the people of Greece. How can such power be given up?

EUR.

It is the consolidation of Franco-German power in the EU.

offstage.

The Greek president pouted.

defend?

It is not because of this financial power that the capital flow of a country is frozen in an instant. When Greece entered the EU, it appeared to be cheating with Goldman Sachs.

But.

The EU is also fully aware that sucking Greece in is not to expand the power of the EU. How can these people be so foolish?