Chinese scholars believe that the contact rate system of Hong Kong dollars is the US dollar, but Hong Kong's economic fluctuations are closely related to today's mainland China.Therefore, it is proposed that the Hong Kong dollar exchange rate should be at least RMB, not the US dollar.
北京交通大学经济管理学院教授阮加上星期四（11月16日）在第一财经网站撰文，强调香港这几年的经济波动，与大陆的经济波动比较一致，而与The economic fluctuations in the United States are very different.
Ruan Jia wrote that it is similar to the mainland. The current inflation pressure in Hong Kong is not great, and it is not necessary to increase interest rates like the United States to suppress inflation.
He said that the macro environment is similar to the mainland. Hong Kong dollars should be reduced today, and believed that "the Hong Kong dollar in 2023 to ensure that the US dollar's exchange rate system maintains high interest rates on Hong Kong's macro economy."
Ruan Jia believes that Hong Kong dollars of small currencies may give up the US dollar contact rate, nor does it establish a contact exchange rate with the RMB and implement monetary policy independently, but this is unnecessary.
Ruan Jia explained that the small currency will be small because of small plates, raising or.In addition, the proper implementation of a monetary policy is a complex technical issue. Hong Kong, which has always relying on the exchange rate, may not be able to establish a "small and comprehensive" independent monetary system, and it may not be able to implement an independent monetary policy."In this case, it may be more realistic to choose to contact the exchange rate or use a large currency."
He believes that, given the close economic connection between Hong Kong and the mainland, Hong Kong dollars choose to contact the RMB exchange rate system, and even use RMB directly as the legal currency.
Ruan Jia said: "Time to move, if the Hong Kong dollar needs to continue, the exchange rate of Hong Kong dollars needs to continue to exist.The role provides a place for free exchange for other currencies and RMB. "
Ruan Jia wrote that after the RMB became the only exchange rate currency in Hong Kong, Hong Kong indirectly became the free port and international port of RMB, and became the international port.The RMB is an international financial center that connects the exchange rate currency, which also makes Hong Kong clearly distinguish between the two other major international financial centers: New York (relying on the US dollar) and London (relying on the British and euro).
"Sing Tao Headline" reported that Hong Kong's implementation of the contact rate of Hong Kong came to the 40th year this year, and has always been regarded as the Hong Kong Economic "Dinghai God Needle".However, since the return, the contact rate system that has been questioned by the Hong Kong dollar and the US dollar has not stopped.
