Can China Control Bitcoin?
Despite a cyber attack on one exchange platform last month that robbed investors of millions in...
currency policy
A Better Big Mac Index and a McDonald’s a Day
McDonald’s hopes to double its location growth in China to a restaurant a day, while fattening up its currently meagre franchise business there. “We should be opening a restaurant every day in the next three to four...
China ends currency restriction on firms – Rob Delaney and Yanping Li
From Bloomberg News via the International Herald Tribune: In another step toward a more freely traded currency, the government on Thursday said that it would remove restrictions on how much foreign exchange domestic companies can buy to fund overseas acquisitions or expansion. Companies may use their own holdings, buy foreign exchange from regulators or borrow […]
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