Ludicrous optimism compounded the dangers [caption id="attachment_8931"

align="aligncenter" width="357"] The Chinese have put out billboard ads announcing the Renminbi as the new world currency.[/caption] In order to assert its leadership in the economic world, China always wanted Renminbi to have a sway equal to that of the Dollar in the global market and economy. Its restrictions and strictures to protect itself from global economic forces has been its pillar of support. In the blind need of maintaining Yuan as a pre-eminent currency, so as to strengthen the country's centrality to the global economy, the Chinese government invigorated investors to keep putting in money in the surging market.