. China Merchants International Securities is real. Xie, deputy director of China Merchants Securities Research and Development Center, said at the "China Forum Economic Situation Analysis Meeting in the Third Quarter of 2023" held on June 5438+1October 08, 2023 that from the low point of RMB exchange rate in late September to the beginning of next year, the RMB exchange rate showed a steady upward trend as a whole, and the current weak economic outlook in the United States would lead to the improvement of the upside-down spread between China and the United States.