USDCNH Volatility isn't the Only Crack in China's Efforts

FX_IDC:USDCNY   U.S. Dollar / Chinese Yuan
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We have been watching the volatility for the Yuan/Renminbi as a signal of the market pressure levied on Chinese officials. However, that is only one stress point for the financial-economic balance the government is trying to strike. Another FX outlet is the HKD             which is the gateway for much of the capital flow into and out of China. And, where USDCNY             may have settled, USDHKD             has soared even further.
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