Therefore, in the view of the revaluation of assets, the trade surplus and capital inflows can be formed to create liquidity, but through different channels acting on inflation, then creating credit to support and promote the rise in asset prices. This situation lasted for about two years. Of course, the creation of liquidity may also be accompanied by the expansion of economic activity and inflation pressures increased, rather than the expansion of asset prices, such as the year before and after 2003 in China.The increase in credit market interest rates in the fourth quarter in 2007 is a turning point; it reversed the continued downward trend in interest rates in the third quarter of 2005. At the same time, the revaluation of the Chinese market and the increase of the process of synchronization is a decline in interest rate, and the market period of decline in other basic synchronization is also a rise in interest rates. Since the first quarter of 2008, the stock market in China has been far beyond expectations of all the investors for the rapid decrease in the large scale of stock price.