基于国际收支平衡表净误差和遗漏项目的热钱运动分析
The main reasons for sudden money outflow could be，first，as the financial crisis broke out，the global funds become insufficient and short.Owing to big losses in the speculation of financial derivatives，many foreign companies drew out of a large number of money fromChina.Secondly，the government of China has taken serious measures to take down the inflow of hot money as to control the price of real estate market as well as other speculative markets in China.However，what is worth more attention is that the deficit worsened in 2009.As is happening in many emerging markets，capital outflow during the financial crisis will put heavy pressure on China's asset prices and RMB rate.
References：
1.Liuguo and Huyashan，2008，International Finance，University of international business and economics Press
2.Lanxinzhen，2010，Fending off the hot money,Beijing Review
3.Chenbowen，“hot money”: the path of planning beforehand in emerging economies，Financial Management and Research
4.All the data are come from State Administration of Foreign Exchange
(责任编辑：陈 通)
, 百拇医药(李美卉)
References：
1.Liuguo and Huyashan，2008，International Finance，University of international business and economics Press
2.Lanxinzhen，2010，Fending off the hot money,Beijing Review
3.Chenbowen，“hot money”: the path of planning beforehand in emerging economies，Financial Management and Research
4.All the data are come from State Administration of Foreign Exchange
(责任编辑：陈 通)
, 百拇医药(李美卉)