Hachi was here. 45% confidence
Yuan Hedging Against Inflation
None of the articles reports yuan exchange-rate moves against the EUR or USD, or capital flows into or out of CNY holdings, so the falsification criteria are neither met nor refuted. The de-dollarization piece and the report of rising government borrowing costs touch on broad themes but give no direct evidence of yuan accumulation as an inflation hedge. The ringgit article suggests some dollar strength in Asia, but it does not mention the yuan. The six-month window has also passed without supporting signal.
What would prove this wrong
The yuan weakens against the EUR and USD over the period, or if capital flows show net reduction in CNY holdings rather than accumulation.