汇丰的高级亚洲经济学家范力民(Frederic Neumann)说，日圆不断升值的危险之处在于，它增加的消费者购买力远不足以抵消它给出口造成的负面影响。

The risk of the rising yen, notes Frederic Neumann, HSBC's senior Asia economist, is that any benefit in consumers' purchasing power is far outweighed by the negative effects on the export economy.

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