### Comment:
China wants a stable rate as much as the US. Inflation in China is rampant, and going towards real estate. The central government is trying to direct it towards actual investment and creating new things, but you can't change 5000 years of Chinese love of buying land.

### REPLY:
China's currency controls is so fucky, couple that with all the other Chinese government economic policy, makes for a total shitshow when it comes to international scale macroeconomics.   
    
 Like, how can you invest in private enterprise when the government wants to put a Communist party officer that can overrule the CEO in every public company?

### END.