主题：特斯拉究竟是在做什么？ -- 大山猫

He is a banking insider.

The central gov. will support housing prices in the first-tier cities (B/S/Guangzhou). Actually secret money printing has started if you read daily news.

I do not pay much attention to USD/CNY exchange rate, since both nations' central banks are manipulating their money supply to depress their own currency. China seems to have a upper hand now. I am not Zhou Xiaochuan, so I can not guess out his next move.

Theoretically speaking, a nation with higher inflation (M2 printing speed, such as China now) shall see its currency depreciate. But China is a magic nation, so we have seen breakdown of this rule of thumb between 2008-2013.