Richmond tape share of RMB internationalization and the opportunities and challenges that you are the authority of the IMF to assess and monitor international finance institutions, the position of a country's exchange rate with the benchmark significance of the international community, often caused widespread repercussions. The IMF's position one, the United States, "Wall Street Journal" and other international financial media reports were immediately given emphasis. British "Financial Times" reports sent from Washington and Beijing striking headlines saying "undervalued Chinese currency is no longer" packaging tape production, that the yuan will soon be opened to IMF Special Drawing Rights (SDR) of the door. IMF assessment also represent the voice of the mainstream international community. A US economist said, IMF has identified a reasonable valuation yuan, who have accused the United States China's exchange rate policy, "which cleverly shut up." Industry experts believe that the finds that the RMB exchange rate is not undervalued, which joined SDR RMB clearing the final hurdle. Determine whether the renminbi will join the SDR, IMF has four criteria, namely turnover of RMB foreign exchange spot market, the foreign exchange derivatives market turnover, the amount the central bank and the renminbi yuan is used as a reserve currency is determined by the market. Not difficult to see, the first three standard relates yuan in the international market is widely used. There is no doubt that King County packing tape, packing tape Hengshui currency of payment as the fifth largest global RMB already compatible with the three criteria become hard currency international settlement and international reserves. The IMF's position, means that the yuan exchange rate has reached the fourth criterion. BIS statistics also show that last year the RMB real effective exchange rate appreciation as much as 6.24% packing tape, a record high. This year China will overtake the US as the world's biggest oil importer. Related statistics show that China's oil imports in April reached 7.4 million barrels a day, daily US imports of only 720 barrels. Of course, a lot of Chinese oil imports in April, there is a downturn in international oil prices by increasing international strategic reserve reasons. However, the Chinese imports continued to increase may be inevitable. King County Redmond tape packing tape _ (Online) _ packing tape provided by the Texas Richmond packaging materials Limited. Texas Richmond packaging materials Limited (www.sdmdbz.com) (www.sdmdbz.com) Shandong Dezhou, packing tape leader, over the years, the company implement the scientific management, innovation and development, the principle of honesty and trustworthiness, the maximum meet customer needs. Richmond tape in leadership with the staff warmly welcome all inquiries negotiations to create a better future for Richmond tape.