Another boost to China's foreign reserves

With the strengthening RMB, it looks like no end in sight for China's continued accumulation of foreign reserves. $2 trillion here we come! This is from the WSJ:

Brad Setser, a fellow at the Council on Foreign Relations in New York,
estimates that more than $200 billion in hot money may have flowed into China
last year, eclipsing the $82.66 billion in foreign direct investment.