The Chinese yuan and their 6 rate cuts this year including 1 devaluation is still errr, the 5th best performing currency in the world of trade-able currencies this year against the mighty USD… Continue reading
Unless you have been on another planet in the past year, you would have heard of China’s bid for the renminbi (RMB) to be included in the IMF Special Drawing Rights (SDR) basket… Continue reading
What is life without the conspiracy theories ? Well, here is one for the road and MAY DAY ! We know that China is aiming for IMF SDR status. “….. the Chinese yuan… Continue reading
Guess who said that ? Alan Greenspan, of course. So can we blame ourselves if we never saw the Chinese stock markets “melt-up” ? After months of lamenting on our holdings and wondering… Continue reading
When I wrote about challenging China bears to the Monkey Trading Challenge earlier this week, I suppose I was insinuating in a way that Chinese investors are as good as monkeys and it… Continue reading