The peg that shall not be named, and all the trouble that creates.

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…

Dean of the People’s Liberation Army Art Academy. Goodwill Ambassador of the World Health Organization. Renowned Soprano Singer. Practitioner of Buddhism. China’s anti-smoking ambassador. Member of t…

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…

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…