Why prices hikes are not all that bad 3

Currency

 

Many people worry that the Renminbi (RMB) will lose value in China. This could happen, but if it did, the devaluation would relieve some of the appreciation pressure on the RMB in the international exchange market. If the exchange rate between the RMB and US dollar remains low, this will benefit China's export and, thus, create more job opportunities.

 

 

短语学习：

 

lose value; devaluate 贬值

 

relieve pressure 减缓压力

 

appreciation pressure 升值压力

 

international exchange market 国际外汇市场

 

exchange rate 汇率

 

benefit China's export 使中国的出口收益

 

create job opportunities 创造就业机会

 

 

单词学习：

 

export n. 出口

 

devaluation n. 贬值

 

appreciation n. （货币等）升值

 

international adj. 国际的

 

currency n. 货币

 

value n. 价值

 

exchange n. 交换，交易，兑换

 

thus adv. 这样，因此

 

create v. 创造

 

relieve v. 缓解；减轻

 

pressure n. 压力

 

benefit v. 对……有益，有益于

 

opportunity n. 机会，机遇