In the context of an increasingly stronger US dollar, global capitals are embracing RMB as their "safe haven currency". ANBOUND research team thinks that this kind of behavior is too voluntary. While RMB currently has neither subjective nor objective conditions to become safe haven currency, China's decision makers are also not in a hurry to seek to transform RMB to a safe haven currency, because doing so would expose the still vulnerable Chinese economic and financial system to the speculative global hedge capitals.