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 ...
will the world's currency be like in the future?
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
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
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 ...