Recently, the possibility for European central bank to launch quantitative easing is rising because of the economic recession and price falling. For ANBOUND research team, the exchange rate of Euro is likely to fall to parity, back to the level of that in 2000-2002. Under such expectation, China's companies that are "going Europe" should be cautious on the exchange rate risk. But meanwhile, the weak Euro has creates a good opportunity for RMB to go Europe.