Whenever global markets "stabilize", China devalues the currency...
"The PBOC is testing how far it can let the yuan depreciate without setting off a sharp selloff like the one that followed the yuan's surprise devaluation in August, people close to the central bank have said."
ZH: Feb. 19, 2016
China Stops Reporting Capital Outflows
In an act of desperation, the Chinese government no longer reports on how much capital is fleeing the country. They didn't have to stop reporting, they could have just "modified" the data similar to the U.S. unemployment rate which no longer includes the long-term unemployed. According to the U.S. government, once your unemployment benefits end you become a "jobless consumer", the lucky person who benefits from every trade agreement.
Reverse QE Visualized:
China is now taking $100+ billion of liquidity out of global markets every month...