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China’s Surprise Currency Devaluation
August 14, 2015
China’s Surprise Currency Devaluation
Why did Beijing do it? The official explanation makes the most sense.
China’s Surprise Currency Devaluation
PBOC's Move: Not a Currency War, But Not a Good Sign
August 12, 2015
PBOC's Move: Not a Currency War, But Not a Good Sign
The People's Bank of China's decision to raise rates sends gloomy signal about the short-term future of China's economy.
PBOC's Move: Not a Currency War, But Not a Good Sign
China: New System a Step Forward on RMB Internationalization
June 19, 2015
China: New System a Step Forward on RMB Internationalization
The China International Payment System is another component of the financial infrastructure for a global currency.
China: New System a Step Forward on RMB Internationalization
China’s Slumping Trade Account
April 17, 2015
China’s Slumping Trade Account
Domestic and international factors are driving significant changes in imports and exports.
China’s Slumping Trade Account
China’s Expanding Offshore RMB Bond Market
April 09, 2015
China’s Expanding Offshore RMB Bond Market
China’s overseas financial and real business activity continues to grow.
China’s Expanding Offshore RMB Bond Market
Don’t Worry, China Won’t Dump the Dollar
April 03, 2015
Don’t Worry, China Won’t Dump the Dollar
A number of factors will keep China wedded to the U.S. dollar, and U.S. debt.
Don’t Worry, China Won’t Dump the Dollar
China’s Capital Outflows
February 23, 2015
China’s Capital Outflows
In a reverse, the central bank is now having to intervene in support of its currency.
China’s Capital Outflows
At S&ED, China's Currency Is Back in the Spotlight
July 09, 2014
At S&ED, China's Currency Is Back in the Spotlight
Remarks by the U.S. Treasury Secretary mark a puzzling return to an old issue: the value of China's currency.
At S&ED, China's Currency Is Back in the Spotlight
The Renminbi Goes Abroad
April 24, 2014
The Renminbi Goes Abroad
The internationalization of China’s currency is underway, albeit with some important hurdles still to clear.
The Renminbi Goes Abroad
China Doubles Currency Trading Band
March 17, 2014
China Doubles Currency Trading Band
The announcement is at least a partial explanation for a recent fall in the renminbi.
China Doubles Currency Trading Band
China Intentions Unclear on Weakening Currency
March 03, 2014
China Intentions Unclear on Weakening Currency
What is behind the recent slide in the renminbi? There are several possible answers.
China Intentions Unclear on Weakening Currency
China’s Shadow Currency
December 12, 2013
China’s Shadow Currency
Bankers acceptance notes are financing tremendous speculation in China’s provinces. How long can this last?
China’s Shadow Currency
A Roadmap for China's Foreign Exchange Reforms
November 28, 2013
A Roadmap for China's Foreign Exchange Reforms
China may achieve decisive results with foreign exchange, interest rate and capital account reforms by 2020.
A Roadmap for China's Foreign Exchange Reforms
China’s Big Currency Strategy
September 23, 2013
China’s Big Currency Strategy
China’s growing success in internationalizing the RMB has both political and economic implications.
China’s Big Currency Strategy
The Dollar's Limited Reprieve
January 24, 2013
The Dollar's Limited Reprieve
Failure to raise the debt ceiling would have been catastrophic for both the U.S. and global economy. Investors should take note.
The Dollar's Limited Reprieve
September 28, 2012
The Dollar Trap: China’s Misunderstood Foreign Exchange Reserves
"...they really are not much use for a domestic financial crisis or as a weapon against the U.S..."
The Dollar Trap: China’s Misunderstood Foreign Exchange Reserves
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