649 Results for:

October 17, 2017

China
Bitcoin and the Yuan Bitcoin and the Yuan

This is a guest post by Cole Frank, a research associate at the Council on Foreign Relations. China watchers are always looking for new ways to gauge capital flows and pressure on the yuan. The mo…

July 30, 2009

China
repegged The Yuan

China has long pegged its currency to the Dollar.  After the USD started to depreciate against many currencies in 2002, expectations emerged that China would move away from a tight dollar peg.  Fol…

February 16, 2018

United States
Mapping Capital Flows Into the U.S. Over the Last Thirty Years Mapping Capital Flows Into the U.S. Over the Last Thirty Years

Up until 2014, the growth in central bank dollar reserves closely mapped to the increase in U.S. net external debt. The past few years have been different: for the first time in a long time, yield-st…

February 12, 2018

China
The Belt and Road Initiative Didn't Quite Live up to its Hype in 2017 The Belt and Road Initiative Didn't Quite Live up to its Hype in 2017

China's balance of payments data doesn't show any material increase in the pace of offshore lending.

August 30, 2016

China
Real-effective-CNY The 2016 Yuan Depreciation

The Bank for International Settlements’ (BIS) broad effective index is the gold standard for assessing exchange rates. And the BIS shows—building on a point that George Magnus has made—that China’s c…

January 24, 2018

United States
Adjustment Is Hard, Especially if it Involves the Dollar Adjustment Is Hard, Especially if it Involves the Dollar

Trump’s tax cut has not, to date, unleashed a wave of global demand for U.S. dollar assets. In fact, the dollar weakened as prospects for the tax cut—and associated rise in the U.S. federal budget…

January 13, 2014

Middle East and North Africa
Ariel Sharon, R.I.P.

Former prime minister of Israel Ariel Sharon was buried today. In Commentary Magazine, I offered my thoughts about the passing of a man I worked with closely during his years as prime minister, and …

June 27, 2013

Cybersecurity
A general view shows booths at the 2013 Computex exhibition, the world's second largest computer show, in Taipei World Trade Center on June 3, 2013. (Pichi Chuang/Courtesy Reuters) Sharone Tobias: Internet and Press Freedom in Taiwan

Sharone Tobias is a Research Associate for Asia Studies at the Council on Foreign Relations. Earlier this month, Taiwanese Internet advocacy groups succeeded in shutting down an anti-piracy bill sim…

January 3, 2018

China
China’s Impact on the U.S. Bond Market Gets Too Much Attention.   And Europe's Too Little China’s Impact on the U.S. Bond Market Gets Too Much Attention. And Europe's Too Little

The ECB has almost certainly had a bigger impact on U.S. rates over the last three years than the PBOC, without buying (or selling) any Treasuries.