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June 11, 2024

Russia
Estimating Future Interest Income From Russia’s Frozen Reserves

Outright seizure of the Russian Central Bank’s hundreds of billions in frozen assets is currently off the table, but it is still possible to obtain large sums for Ukraine from the interest income on …

Estimating Future Interest Income From Russia’s Frozen Reserves

October 17, 2017

China
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…

Bitcoin and the Yuan

March 21, 2014

China
Is Peng Liyuan China’s Evita?

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…

U.S. first lady Michelle Obama and Peng Liyuan, wife of Chinese President Xi Jinping, pose for a photograph as they visit Forbidden City in Beijing on March 21, 2014.

July 30, 2009

China
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…

repegged

June 13, 2024

China
China’s Stockpiling and Mobilization Measures for Competition and Conflict

Hearing co-chairs Commissioner Cliff Sims and Vice Chair Reva Price, Commission members, and staff, thank you for the opportunity to speak with you today. I commend the Commission for calling a h…

Zongyuan Zoe Liu testifies before the USCC on China's self-sufficiency, stockpiling, and sanctions preparedness

August 30, 2016

China
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…

Real-effective-CNY