Too much Central Bank Bill leads to some negative effect, the article concludes the problem about RMB's excessissue should be solved from the root.
针对央行票据过度膨胀带来的负面影响,文章认为,应该从根源上解决人民币超额发行问题。
2
Because of RMB's excessissue through "foreign currency assets - RMB" model in China, Central Bank Bill as a debt tool has been replacing the excess currency.
我国的“外汇资产—人民币”发行模式导致了货币的超额发行,央行票据是对中央银行超额发行债务的置换。
3
While excess weight clearly is a risk factor for poor health, it doesn't appear to be the most important issue.