The Risk Of RMB Exchange Rate In The Process Of China's Multinational Corporation

The role of Chinese multinational corporations under the current trend of economic globalization has become increasingly important and has become the core force for global economic integration.The RMB exchange ratefluctuation is the most frequent and direct risk faced by multinational corporations in their trans-regional production and business activities.Therefore,the prevention of exchange rate risk has always been an important aspect of transnational corporations' risk management in their international operations.This paper first analyzes the concepts of the proposed problem,and then shows the purpose of the paper and the research methods and basic structure used.Explain the relevant theories of exchange rate risk,including the theory of exchange rate determination and the three types of exchange rate risk-transaction risk,discount risk and economic risk.The third part analyzes the influencing factors of the exchange rate risk of multinational corporations.Firstly,it analyzes the impact of RMB exchange rate fluctuations,and then analyzes the macroeconomics,monetary policy,and micro-individuals.The fourth part is about the company's exchange rate risk analysis and analysis,and some basic concepts are elaborated,so as to further elicit the measurement of the exchange rate risk of the company,and the corresponding calculation model is formed to facilitate the quantitative analysis of the exchange rate wind existing in the company.the study.And using mathematical statistics regression analysis to verify the company will face the exchange rate risk situation.The fifth part elaborates the status quo of foreign exchange rate risk management of multinational corporations,including the control methods of foreign companies on exchange rate risk and the current deficiencies of multinational corporations in this area.The sixth part provides some suggestions on the evasion of China's corporate exchange rate risk,and elaborates relevant countermeasures from both macro and micro perspectives.In this paper,we use the method of linking specific cases with relevant normative systems to study the classification of exchange rate risk theory.We divide exchange rate risk into transaction risk,translation risk and business risk,and target three different exchange rate risks.Case study shows that three risks may bring potential losses to the company This paper helps to improve the theory of cross-border investment risk in Chinese companies.Based on the current theoretical research,it investigates and explores the empirical analysis of the risks that most Chinese companies have or may have in cross-border investment issues in order to speed up the relevant economic research community in China.The further research on this aspect provides some ideas and guidance for China's multinational corporations to control the exchange rate risk.The fluctuation of RMB exchange rate affects the production and operation of multinational corporations in China.Multinational corporations should also pay attention to the various impacts of exchange rate risks on themselves.