The Study Of Formation Mechanism U.S Exchange RatePolicy To China

U.S exchange rate policy to China as a financial foreign policy，it’s the process ofconcrete generation that has its own history,necessity and particularity. It is thepaper`s main line that U.S requires the RMB exchange rate appreciation.The paperaims to study formation mechanism of U.S exchange rate policy to China.First of all, The logical starting point based on economic perspective, with classicaleconomic theory analysis combined with related data of empirical research method, itis concluded that only by the international balance of payments in the exchange ratepolicy is insufficiently persuasive. the RMB exchange rate appreciation is not becauseof trade deficit.Which constitutes the core of the RMB exchange rate policy to China.in partculaly,it has other purposes.Second, U.S makes the exchange rate policy to China as a foreign finance policychoice, which will have the international and domestic political factors, differentpolitical factors and political means influence of the generation of exchange ratepolicy procession and effection. Political perspective to make up for the pure from theeconomic perspective discusses the defects of the exchange rate policy.Finally, some of factors fluence the exchange rate policy formation process that arenot only economic but also political. So, political perspectitve of exchange rate policyformation, must not forget some economic factors, the two organically fuses them upas a political and economic perspective believe that we can get a more comprehensiveexplain the exchange rate policy in formation process of concrete. It is through theexchange rate game between China and U.S government and it`s domestic interestsgroup make game to the government, which affects the exchange rate policy to Chinaspecific planning and execution. Summarize the more comprehensive to explain U.Sformation process of exchange rate policy to China, and puts forward thecorresponding proposal.