The impact of the US dollar on China's economy and financial system

The impact of the US dollar on the currencies of other countries is different. Similarly, after the renminbi exchange rate reform, the appreciation of the renminbi against other currencies has also changed in the process of appreciation. It is therefore very important to examine the impact of USD exchange rate movements on the Chinese economy. Recent exchange rate movements of the US dollar have no direct or indirect impact, but the range of changes in the US dollar exchange rate will increase in the future.