China’s economic growth has fueled an appetite for luxury and lust. Incessant tales of corruption, mismanagement and extra-marital affairs have regularly been reported by newspapers and internet blogs. From the New York...
Read MoreChina expressed the need for Washington to solve its long-term debt problem. This harshly worded commentary came just hours after the rating agency Standard & Poor’s downgraded America’s long-term debt. From New...
Read MoreChina’s Foreign Ministry and Defense Ministry criticized Japan’s 2011 defense white paper, calling it “irresponsible.” From Reuters: Foreign ministry spokesman Ma Zhaoxu obliquely warned Tokyo not to...
Read MoreWith the Chinese yuan rising 0.41 percent versus the dollar in the last two weeks, China’s five-year notes and comparable U.S. Treasury issues was at a record high yesterday. The growing strength of the yuan was boosted...
Read MoreChinese policymakers are faced with the challenge of diversifying their foreign currency holdings. While the U.S. is rushing to legislate the borrowing limit, China must make some tough decisions regarding its portfolio. From...
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