Posts tagged 'China'
RMB Globalization, Once “Unstoppable,” Heads Into Reverseby Benn Steil and Emma Smith April 6, 2017 “The globalisation of the [Chinese RMB] seems remorseless and unstoppable,” the Economist pronounced in April 2014. A year later, a research-grant foundation asked me (Benn) to review a proposal to investigate three scenarios for RMB globalization: more, much more, and way more. ... read more
China’s Bond Market Can’t Handle a Global RMBby Benn Steil and Emma SmithThe Chinese RMB’s ascension into the IMF’s SDR currency basket in October has been widely seen as an important first step on its path to becoming a global reserve currency. But we would argue that the path is a very long one, and that even rivaling... read more
Courtesy of: The Money Project The Money Project is an ongoing collaboration between Visual Capitalist and Texas Precious Metals that seeks to use intuitive visualizations to explore the origins, nature, and use of money.With one of the world’s largest economies and a growing financial sector, China continues to rise as a global power.The country’s currency, the Chinese... read more
Could China Have a Reserves Crisis?by Benn Steil and Emma SmithLast summer, U.S. lawmakers were condemning China for pushing down its currency, arguing that it was still “terribly undervalued.” But those days may be long gone. Chinese and foreigners alike have been stampeding out of RMB, leaving the Chinese central bank struggling to keep its value... read more
Equity Markets Oversold - Time to Buy or Blue-Sky Thinking?by Jeremy RaybouldPrivate Equity and Alternative Investments Specialist/Investor Relations and Equity Fund Distribution. Partner at Lancea LLPTime to BuyOkay, so with all this blood on the streets it must be time to buy? I shouldn't have put a question mark there, in fact I should simply have... read more