Under the influence of the new US Treasury Secretary's first visit and capital inflow into China, RMB against the US Dollar spot exchange rate is again going up. On March 20, RMB against the US Dollar median exchange rate was slightly up, but the spot market exchange rate hit a record high of 6.2117, exceeding the historical record of 6.2124 since January 14. Nonetheless, Anbound think-tank scholars hold a cautious view on the outlook of RMB, and believed that RMB would face a delicate depreciation risk in a long-term run.