Fear from the ignorance?

Twice Circuit Brakers and the crash in China stock market made the global market fall.

But someone says the fear in the market comes from the investors' ignorance about the China market and the policy of the currency.

Calvin from USB Asset thinks that Beijing has tried the evolution of the Chinese Yuan(CNY). It comes from the fact that China adopted the Multicurrency basket system. Under the system, if the Euro, the second largest currency in the Yuan Index goes down, Yuan falls down, too. He insists this flow is not from the currency war.

But he requested that Beijing should do more transparent measures.