A weekend a commentary from the official Xinhua News Agency

When I say "official", the newspaper is a mouthpiece for policy announcement from China's central government, so yeah, it really is official.

Anyway ... watch out those entering short positions in the yuan.

You are expected to "suffer huge losses" says the piece in Xinhua, going on to say policy makers will take more measures to stabilize the exchange rate.

via Bloomberg

teehee