At Foreign Policy, Arthur Kroeber embarks on an epic overview of political issues surrounding the yuan, from controversial exchange rates to its questionable future as an international reserve currency. He dismisses the popular...
Shanghai Daily interviews American investor Jim Rogers about prospects for the Chinese and global economies: Q: You are bullish about China’s future. Why is that? Do you see any setbacks in the next 10 years? A: … The only...
From Bloomberg News (link) China’s central bank said it will start withdrawing from the country’s currency market, allowing investors a greater role in setting exchange rates. The People’s Bank of China sets daily reference rates for trading around which its currency is allowed to move, buying and selling the yuan to keep its value stable. […]
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