US and China rush in opposite directions to save the global economyMany investors are betting on a rebound in Chinese assets after the MSCI China Index of stocks lagged the S&P 500 by 49 percentage points l...
QE or not QE? China's central bank grapples with policy dilemmaUnusually, this debate is being held in public, pointing to differences within China's policymaking circles.
China ex-central bankers warn of long currency war with USThe PBOC allowed the yuan to weaken below 7 to the dollar this week, prompting the US to accuse China of currency manipulation.
China easing capital controls to internationalise YuanThe SDR, an accounting unit usually deployed in bailout packages, would deliver few direct benefits to China’s 1.3 billion people.
Financing US debt: Foreign buyers may have to rethink their positions as dollar loses valueUS is now deploying its FMDs, ‘financial extortion’, ‘monetisation’ and ‘devaluation,’ to finance its requirements.
- China continues to trim its US debt to avoid risks
China, the biggest foreign holder of US debt has trimmed its portfolio to $1.15 trillion to diversify its foreign reserve portfolio to avoi...
- 'Dollar is one step nearer to a crisis'
The US dollar is 'one step nearer' to a crisis as debt levels in the world’s largest economy increase, said Yu Yongding, a former adviser t...
- Greece bailout may affect China: Analyst
The nearly one trillion dollar EU-IMF package to bail-out Greece may impact China, as it would limit options for Beijing to diversify its o...
- US delays China currency report, urges flexible yuan
US Treasury Secretary Timothy F Geithner delayed a scheduled April 15 report to Congress on exchange-rate policies, sidestepping a decision...
- Reddy appointed to UN panel on financial crisis
Former RBI Governor Y V Reddy is among members of a high-level panel of economists appointed by UN General Assembly President Miguel d'Esco...
- China shuns Paulson's free market push as meltdown burns US
Eighteen months ago, US Treasury Secretary Henry Paulson told an audience at the Shanghai Futures Exchange that China risked trillions of d...
- Drowning in cash, but China won’t spend
The economics are compelling and so is the political rationale, so why isn’t Beijing doing much, much more to improve China’s stunted publi...