According to the media, the China’s market may be made empty by the foreign countries. The Wall Street is breaking the real estate market and stock market of China at the same time, leading the capital to outflow by impressing the exchange rate of RMB, and all these steps are aimed at emptying the funds in a systematic and synchronous way. According to the newspaper," The international pioneer Leader " the question that whether the action of empting the money RMB released from Beijing has begun deserves a profound reflection.
On December 6, RMB, the spot exchange rate of RMB to U.S. dollar has surged to the decline limit for the fifth trading day continuously. Over the past three years for the first time the continuous surge to the decline limit appears, making the depreciation pressure of RMB prominent.
Though there are complicated reasons for the RMB to surge to the decline limit, the organization has become the factor that can't be ignored. From the real estate market to the stock market, and now the declining has spread to foreign currency market, and then from the real estate to banking to the whole economy, nowadays the panorama of “making China empty " already gradually becomes clear.Nowadays, the foreign exchange market shows that there is something in the wind. Because the exchange rate for RMB against U.S. dollar can only fluctuate in upper and lower 0.5% of the scopes of the intermediate price every day, so once touch of the lower limit can be regarded as surging to the limits. From November 30 to December 6, the spot rate between RMB and U.S. dollar has already touched the lower limit of the trading range in five trading days has continuously surged to the decline limit. The similar situation appeared at the beginning of December of 2008 last time. The exchange rate of RMB has touched the lower limit for four days continuously at that time.
At present situation, the force making the RMB empty has come in an effect gradually. In fact, last month, Gao Sheng has already proposed to its customers to stop expecting an rise of RMB temporarily.
The media claims that the western countries are emptying funds in China in many fields