38 Results for:

April 6, 2005

Monetary Policy
Sometimes, it is worth listening to what policy makers in emerging economies are saying

The Koreans, I suspect, let the cat out of the bag. Korea knows the value of reserves, and the risks of holding too few reserves. Indeed, absent an IMF loan and a last-second deal with their credit…

April 25, 2007

Five observations: all loosely tied to yen and dollar weakness and the swelling coffers of the emerging world

One. Yes, Virginia, exchange rates do matter … Japan’s trade surplus is rising.  Its current account surplus should be rising even more, as its interest income should be increasing too.   The MoF is …


July 23, 2007

First Blackstone, then Barclays …

The alliance between the Chinese state – lest we forget, still a (nominally) communist state -- and the high priests of global financial capitalism is close to complete.    Goldman, Royal Bank o…

June 25, 2008

Monetary Policy
A tale of two Asias: China, and almost everyone else

Many emerging Asian economies -- Korea, India, perhaps some others -- are now intervening to keep their currencies up rather than trying to hold them down. Raphael Minder of the Financial Times rep…

August 5, 2010

East Asia Summit, Take Two

Photo courtesy of REUTERS/Nyein Chan Naing/Pool A post over at East Asia Forum tweaks my recent blog about America and the East Asia Summit. It argues that I have an "empathy deficit." Here’s how …

East Asia Summit, Take Two

December 8, 2010

China’s Parallel Universe

A soldier stands his post in Tiananmen Square. (Jason Lee/Courtesy Reuters) Bit by bit we are learning how China manages reality when reality doesn’t conform to Chinese interests: it constructs its …

Soldier Standing Post in Front of Tiananmen

April 1, 2011

China’s National Defense: "Intricate and Volatile"

Soldiers from Chinese People's Liberation Army (PLA) Navy Marine Crops, Air Force Aviation and Airborne Corps (from top to bottom) stand at attention during a training session at the 60th Nationa…

Chinese People’s Liberation Army

August 13, 2011

Elections and Voting
Campaign 2012: Hello Rick Perry, GOP Presidential Candidate

Texas Governor Rick Perry delivers remarks at the Conservative Political Action Conference in Washington on February 11, 2011. (Jonathan Ernst/courtesy Reuters)  For seventeen of the past forty-eigh…

Texas Governor Rick Perry delivers remarks at the Conservative Political Action conference (CPAC) in Washington, February 11, 2011. (Jonathan Ernst/courtesy Reuters)

February 10, 2012

Defense and Security
Friday File: Xi Jinping Visits President Obama at the White House

Above the Fold. The hot topic in Washington this weekend—assuming that the rumor of Kim Jong Un’s assassination is just that—is the upcoming Valentine’s Day meeting between President Obama and Xi Jin…


May 10, 2012

China’s Little Dutch Boy

China’s public security apparatus and all its friends in the propaganda and censorship departments must be exhausted—I know that I am exhausted just trying to keep up with them. Within the past month…

A policeman stands near the Great Wall on a hazy day in Juyongguan, China.