“It’s no longer in China’s favor to accumulate foreign-exchange reserves,” Yi Gang, a deputy governor at the central bank, said in a speech organized by China Economists 50 Forum at Tsinghua University yesterday.”… Continue reading
Larry Summers, perhaps best known for making foot-in-mouth remarks about women while a Harvard president, had recently remarked in polite circles that: “…we may well need in the years ahead to think about… Continue reading
For all the hype and expectations, the 3rd Chinese plenum of failed to produce a single firework. Instead we have the unveiling of a destination without a map to guide the markets. Way… Continue reading
It is easy to ease but hard to taper – just look at the Fed. The mini liquidity crunch in China appears to be expected even as CNY fixes to a new record… Continue reading
The latest “de Americanize” war cry out of Xinhua echoes the grief of Chinese coffers. So long as America been the economic backbone of the world that all living things are born with… Continue reading
Caught up in the shutdown stalemate, not many would spare a thought for the commodity market except for the greedy idea that Gold will rally on market indecision and panic. I did up… Continue reading
I keep hearing echoes of that China qualifier in most regional outlooks these days. Anything economic forecast, stick in a China qualifier. SINGAPORE: A sharp slowdown in the Chinese economy will have a… Continue reading
I was having a conversation with my son about Lance Armstrong who was quoted as saying that no one can win the Tour De France without doping. Then it struck me, now that… Continue reading
No fun watching the clash of the titans in our own backyard. Remember when I wrote that China is at war with Japan ? Well, the economists are starting to realise it from… Continue reading