Will George Soros take on the Chinese Yuan?

Legendary currency speculator George Soros has raised the ire of the Chinese government citing the slowdown in Chinese economic activity and Yuan devaluation as the major factors in weighing down global markets. Soros is warning 2016 could be just as bad as 2008, a situation we never really recovered from. 

According to Soros, the Chinese government is struggling to transition to a new growth model after spending up big on ghost cities and other building projects that are not currently adding to growth and GDP. It would now appear financiers on Wall Street and hedge fund managers are lining up to short sell the Chinese Yuan and one imagines the Hong Kong dollar as well, much to the chagrin to the Chinese government. So the question is, will Soros sell Chinese Yuan short to drive the price lower to reap a financial benefit?