Council of Councils
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Introduction
Over the last several decades, governments have collectively pledged to slow global warming. But despite intensified diplomacy, the world is already facing the consequences of climate…
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July 21, 2005
China shifts to a basket peg
But the change against the dollar is small. Very small. Too small in my view to have much of an economic impact, in any way. On trade flows. Or on capital flows. I would still bet on a furth…
April 25, 2006
Bad optics
Many have noted that the White House botched the stagecraft of Hu's not-quite-a state visit. Forget Falun Gong. Focus on announcing China's national anthem as the anthem of the "Republic of China"…
May 1, 2008
China
Managing China’s real appreciation
The BIS computes the real exchange rate for a broad range of countries (if only the data extended backwards a bit further). The BIS data shows that China’s real exchange rate tracked the US real e…
April 27, 2008
China
What keeps Zhou Xiaochuan up at night
Friday’s Lex column highlighted the possibility that China’s real reserve growth may be far higher than the published increase in its reserves – and thus a lot more hot money may be flowing into Chin…
October 1, 2015
Cybersecurity
Avoiding a Game of He Said, Xi Said in Cyberspace
Last Friday’s announcement that the Chinese government has agreed to stop stealing intellectual property from U.S. companies may mark a turning point in our efforts to change Chinese behavior in cybe…
