Tag "yuan"
OZY+GRI: Can Emperor Yuan dethrone King Dollar as the world’s currency?
In 2018, China could seek to dethrone King Dollar by forcing yuan-denomination of specific commodities, marking a cataclysmic shift in the world financial order that’s been in place since World War II.
Chinese currency management in 2017
China has exercised control over Renminbi valuation, but currency management tools are under stress. China faces challenges to its long term growth targets.
Three things to consider about Trump’s plan to brand China as a ‘currency manipulator’
The US dollar rallied after Trump’s victory, forcing the People’s Bank of China (PBOC) to lower the yuan’s reference rate for 11 consecutive trading days.
Zimbabwe adopts yuan as legal tender
Zimbabwe’s adoption of the yuan as legal tender demonstrates its close ties with China, and Beijing’s efforts to globalize its currency. Long a pariah state under the rule of aging
Yuan’s accession marks end to any containment of China
With the recent IMF decision to grant China’s currency the status of reserve currency, any attempts to “contain” China are over. China has taken a major step in confirming its
Weekly Risk Outlook
COP21 begins in Paris. ECB sets interest rates. IMF discusses adding Yuan to SDR. Brazil releases poor Q3 growth figures. LNG summit in Italy explores potential. All in the Weekly Risk Outlook. Global Climate
Weekly Risk Outlook
Jeremy Corbyn likely new leader of UK Labour Party. Last FOMC member speech before September Fed meeting. Chinese data roils market. Canada makes rate decision. Civilian exchanges to ease tension between Koreas. All this
Yuan devaluation kills two bird with one stone
The three-day devaluation, which rattled markets last week, serves two ends for the Politburo; it is a move towards a slightly more market-based rate, and it tests the last tool
China: Lender of first (and last) resort
Contemporary political analysis, though firmly focused on the yet to be created AIIB, should be equally as focused on the poorly covered Chinese bilateral lending relationships that already exist. China’s
GRI’s Weekly Risk Outlook
Deadlines loom with Iran nuclear talks. China releases PMI data. U.S. prepares to release unemployment figures. Greece releases reform proposals. All in the Weekly Risk Outlook. Deadline for Iran nuclear