Someone will ask that the funds that are leaving crude and stocks, where is it going ? It's simply being rolled into Fiat because everyone is careful of Investing at this time.
But these risks may change and the logical sequence of events that the Chinese need to deal with is the coming crash. Do they bail out investors or do they take a risk and take the call? Do they buy "let's just let it fall" ? We already know that Japan is at risk for a big crash at some point due to its hard monetary policy.