Many scholars cite 1994's33 % devaluation of the mainland's currency, the Renminbi (RMB), as one of the factors which sparked the current Asian financial turmoil. The devaluation of the RMB increased the competitiveness of the mainland's exports, taking some of the wind out of Southeast Asia's sails.
許多學者都將東南亞風暴的遠因，歸咎於九四年人民幣驟貶百分之三十三，導致大陸出口競爭力大增，才使得東南亞落居下風。