As the world is trying to come to terms with the transformation of China, so the reserve currency story is beginning to emerge. The use of the RMB has expanded fast to settle trade contracts in RMB, and for bonds… Read More ›
Month: April 2015
CHINA’S SLOWING GROWTH RATE – PLANNED FOR
This headline is an amalgam of the headlines that are around at the moment. Here are the real numbers, provided by Professor Danny Quah of the L.S.E. : QUOTE 10 years ago the USA added to the world economy 139%… Read More ›
Mizuho China Economics Weekly: China’s toolbox for stimulating the economy
The recent gdp figures seemed to startle the media . 7pc! Shock horror! But China has been advising that its new normal is 6-7pc for some time. So we can read attachment in here as a contribution to understanding how… Read More ›
Jim O’Neill’s new commentary piece
Jim O’Neill has recently been in China and wrote this piece around the question of is the Chinese economy in trouble? I find his materials quite uncomplicated to read but they get to the core of the issues. Here is… Read More ›
AIIB’s Signposts
As the World digests the significance of the rush to join AIIB, readers of this column will be familiar with our analysis. Since 2007 we have been drawing attention to the Return of China as having a major global dimension… Read More ›
Another excellent analysis by Jim O’Neill carried in People’s Daily
China’s economy has surpassed our expectations and still has large development space less optimistic view of China’s economy is not convincing Jim O’Neill: In late 2001, I first used the phrase BRIC to discuss the quick development of Brazil, Russia,… Read More ›