A rate rise last week from the US central bank, and signal of more to come, places China in a bind by adding to capital outflowpressure that is weighing on the renminbi exchange rate.
The hope is that a potential outflow of China's savings will take the heat out of the stock market speculation and ease the continued upward pressure on the currency.
有人寄希望于内地储蓄的外流使股市投机降温,并缓解持续加大的人民币升值压力。
3
The pressure control system consists of an aft outflow valve, forward outflow valve, pressure controller, control panel, pressure sensing inputs, and monitoring indicators.