Sophie Beach is CDT's Operations and Communications Manager. From 2003-2021, she served as Executive Editor of CDT English. She lives in Berkeley, California.
From People’s Daily: In a recent exclusive interview with People’s Daily, Mr. Zhou Xiaochuan, Governor of China’s central bank, unraveled all pending questions concerning the multifaceted financial life in China’s economy. Zhou first rejected the view that the money supply was too tight. As it takes time to have a policy take effect, he believed […]
Read MoreFrom the Wall Street Journal: In the wake of the past weekend’s mass protest in Taiwan against China’s new “antisecession law,” attention is increasingly focused on whether the two rivals can steer relations back toward the spirit of compromise they briefly exhibited early this year. While a number of issues could fuel further tension between […]
Read MoreIn Morgan Stanley’s Global Economic Forum, Stephen Roach has written: Because of its currency peg, China does not have an independent central bank. Having elected to fix the renminbi to the dollar, the People’s Bank of China has all but abdicated control over its emerging financial system to America’s Federal Reserve. As the Fed now […]
Read MoreFrom AP, via WTOP Radio: China’s total demand for petroleum is forecast to rise about 10 percent in 2005 to 2.5 billion barrels, state media reported Tuesday… But with the economy growing at a rate of more than 9 percent a year, growth in oil consumption is outpacing increases in demand. And output at many […]
Read MoreFrom the Herald Sun: WHILE John Howard staunchly followed his close friend George W. Bush to war, Australians don’t hold the same affection for our key ally, with the US ranking below China, France and Japan in the public’s estimation… While more than 70 per cent of respondents feel safer under the US alliance, an […]
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