The current situation faced by China is rather complicated. Next year will be the last year of the 13th Five-Year Plan. To achieve a number of important development goals in an unprecedentedly complex situation, the development of China during the 14th Five-Year Plan will be an urgent task that has never been experienced by China before. It is worth not ...

What will the world's currency be like in the future? There are many opinions regarding this issue, and the problems and defects in the world's monetary system have begun to be noticed by many. Since the global financial crisis broke out in 2008, Zhou Xiaochuan, governor of the People's Bank of China had suggested to reform the internationa ...

The latest conflict between India and Pakistan on Kashmir has become an increasingly heated political hotspot in this chaotic world. On the morning of August 5, Amit Shah, the Indian Minister of Home Affairs and the President of the Bharatiya Janata Party, moved two bills to abolish Article 370 of the Constitution in order to restructure Jammu and Kash ...

The U.S.-China trade war has recently become markedly complicated. Previous U.S.-China trade disputes were focused on tariffs and targeted key companies such as Huawei, whereas the latest situation suggests that the U.S.-China trade disputes are spreading to the financial sector. On August 5, China's yuan breached the critical level of 7 to the U.S. ...

The Chinese yuan (RMB) now has breached 7 per U.S. dollar (USD). After this recent depreciation of RMB against the USD, U.S. Department of the Treasury issued a statement on August 6 morning (Beijing time) that identified China as a currency manipulator. This is a historic moment that has not happened in the White House since Clinton's administration ...

A Study on Chinese Overseas Investment Opportunities in the Context of U.S.-China Trade Spat by ANBOUND January 2019 Globalization has reshaped the world economic order. Through the economic globalization, globalization of investment activities and international production as well as, the global flow and allocation of commodities, capital, technology, ...

As China's economy gets bigger and more competitive, the country will play a greater role in the international financial system. The yuan's internationalization is an inevitable trend despite hardships along the way. Countries like the US have been pursuing protectionism and unilateralism in recent years. The China-proposed Initiative (BRI), on the ...

Oil prices declined on Thursday, extending previous session's loss as investors continued to worry about possible economic recession. The U.S. Treasury yield curve temporarily inverted on Wednesday, with two-year note yields exceeding 10-year yields, signaling growing concerns over a recession in the world's biggest economy. Market participants wer ...