China's onshore yuan just broke through the crucial 7-per-dollar barrier for the first time since 2023—and honestly, that's a big signal. When the central bank lets the yuan appreciate like this under tight capital controls, it tells you something about their economic confidence. Traders should be watching this closely. A stronger yuan typically means Beijing feels good about domestic growth and less worried about capital flight. For those holding positions sensitive to currency movements, especially anything exposed to Chinese assets or emerging market correlations, this could reshape positioning strategies. The shift signals policymakers are comfortable with further appreciation momentum.