后危机时代,美国、日本、德国、巴西与中国展开了一场大国汇率博弈。这些大国寄希望通过人民币升值来转嫁危机,提振本国经济。然而,各国在全球的位势差异决定了其不同的策略选择。面对不断升级的人民币汇率大国博弈,中国必须学会用政治乃至国家竞争的战略眼光来看待问题的实质,继续按照主动性、可控性和渐进性原则来推动汇率形成机制改革,拒绝人民币“被升值”。
In the era of post-financial crisis, a game of RMB revaluation among major powers, such asUS, Germany, Japan, Brazil and China started. These countries tried to adapt an exchange rate policy ofbeggar-thy-neighbor, forcing China to revalue its currency, to mitigate the shocks of financial crisis andstimulate their domestic economy. The different position of each country, however, around the world de-termined their game strategy. With the escalating RMB exchange rate game among major powers, Chinashould learn how to deal with the issue in the viewpoint of politics and country strategic competition, andcontinued to reform the RMB exchange rate formation mechanism based on the rules of activeness, controlability and progressiveness.