ANBOUND's chief researcher, Chan Kung argues that although China is faced with various problems, given enough time and resources, most of the problems can be fixed.

However, the issue on RMB exchange rate is an exception because the Chinese government does not have full control over this issue.

Therefore, the building of an effective system and mechanism to detect, prevent and respond to external risk factors is of particular significance in ensuring the stability of China’s economy.

What we are worried now is accidents. Under normal circumstances, China cannot afford another "black swan" event and should this happens, a series of problems will occur and this might trigger an economic collapse.

If China could reach a consensus with the United States in establishing a kind of mechanism to stabilize the exchange rates, not only that it will be a significant contribution to the global market, it will also contribute to the stabilization of China’s economy.