China Capital Outflows Rise To Estimated $1 Trillion in 2015
China's currency reserves extend slump
Aside from U.S. stocks and commodities, the closest longer-term correlation I can find is to Aussie/Yen. So, basically the Yuan is devaluing in line with global carry trades, meaning that Yuan devaluation speculators will get paid sooner rather than later...Because via competitive devaluations, Central Banks are now competing for who can obliterate Globalization the fastest...the Bank of Japan just accelerated Yuan outflow by making China less competitive.
"RISK OFF" Visualized
"The Yuan is stable"
Yuan (red) with Aussie/Yen (black):