Recently George Soros has suggested that he was planning to short-sell China"s yuan currency. According to ANBOUND"s Chief Researcher, Chen Gong, the challenges and problems faced by the financial market after its opening up have been seriously underestimated. The reform has yet to be accomplished, and the challenges have not been handled and solved effectively. There are only two options left: forsaking the market and ignoring any reforming effort, or hastening the reforming effort. The action of George Soros would have less effects compares with the results of China’s financial reform.
