Since the second half of this year, Anbound research team has repeatedly warned that China's most noteworthy two interrelated short-term risks are the debt risk and Renminbi exchange rate risk, especially the risk of sharp devaluation of the Renminbi exchange rate in the short term; this was confirmed during the first week after the National Day, onshore Renminbi had refreshed to its six-year low for three times. The situation of Renminbi's exchange rate is still fragile, and if there is another round of Renminbi devaluation, there will be another round of capital outflow and huge impact will be felt in the Chinese economy. The market is divided over the issue; therefore China’s authority currency policy should deliver clear messages of maintaining currency stability to the market. Hesitation in policies will cause greater doubt of the market.