To my knowledge there is generally always a spread between the two currencies with the Yuan being higher, but today in the last day it seems to have really jumped.
The phenomenon is discussed by Bobby Lee here and it is suggested that the spread is a reflection of the escape from capital controls:
Any other input or thoughts on this?
Submitted May 27, 2016 at 09:35AM by mattius459 http://bit.ly/1TDEZ7E
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