>This engineered solution is necessary for the time being, but it constitutes a drag on the international use of the renminbi. In addition, it is highly unlikely that Chinese authorities will take a benign approach, like the US, to a _...Read More_
>This engineered solution is necessary for the time being, but it constitutes a drag on the international use of the renminbi. In addition, it is highly unlikely that Chinese authorities will take a benign approach, like the US, to a _...Read More_
"A Chinese debt crisis will — either now or in the near future — bring down China’s economy, and the U.S. must delink from that country to reduce the damage to itself."
"A Chinese debt crisis will — either now or in the near future — bring down China’s economy, and the U.S. must delink from that country to reduce the damage to itself."
"A decade ago, few economists were bullish about the growth of China’s external financial strength. But the government’s commitment to capital-market opening and renminbi internationalization – together with China’s sheer size – have fueled _...Read More_
"A decade ago, few economists were bullish about the growth of China’s external financial strength. But the government’s commitment to capital-market opening and renminbi internationalization – together with China’s sheer size – have fueled _...Read More_
"US President Richard Nixon’s 1971 decision to end the US dollar’s convertibility into gold had such far-reaching consequences that it took policymakers decades to learn to manage the new system. Now, digital technologies are driving a new _...Read More_
"US President Richard Nixon’s 1971 decision to end the US dollar’s convertibility into gold had such far-reaching consequences that it took policymakers decades to learn to manage the new system. Now, digital technologies are driving a new _...Read More_
"Passing the 21st Century Dollar Act will serve as an important step towards preserving the American ideals of freedom and fairness on the international economic stage."
"Passing the 21st Century Dollar Act will serve as an important step towards preserving the American ideals of freedom and fairness on the international economic stage."
>"China’s light-speed recovery from the pandemic has reignited the perennial debate about how long the dollar’s 50-year dominance of global markets can persist."
>"China’s light-speed recovery from the pandemic has reignited the perennial debate about how long the dollar’s 50-year dominance of global markets can persist."
China’s ability to keep selling more of its goods abroad means officials will be in no rush to rein in their strongest yuan in more than two _...Read More_
China’s ability to keep selling more of its goods abroad means officials will be in no rush to rein in their strongest yuan in more than two _...Read More_