Due to geopolitical pressure and success in diminishing the housing bubbles, the central bank of China might not further push down RMB. Also, we can find USD/CNH is almost equal to USD/CNY. There is no room for arbitrage offshore RMB so the central bank has no reason to undermine RMB now. I hope RMB will go UP UP UP. I hope you will enjoy this ride with me. Thanks for reading.