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December 14, 2021

Olympics
The Olympics Are Hard on the Environment. Will the 2022 Beijing Games Continue the Trend?

The Olympics are becoming less sustainable, and the winter games in Beijing are no exception. Can organizers make them more environmentally friendly as the climate crisis intensifies?

November 7, 2007

China
The strains of monetary policy

michael pettisWednesday’s South China Morning Post reports that Cheng Siwei, vice-chairman of the Chinese People’s Political Consultative Conference, parliament’s top advisory body, said that Beijing…

November 12, 2007

Financial Markets
What a week: a Brazilian supermodel, the Vice-Chairman of the People’s Congress and the French President all commented on the dollar

Note: This is Brad Setser, not Michael Pettis.  Mr. Pettis will be doing most of the heavy lifting for the remainder of this week as well.  Last week was rather interesting.  Gisele Bundchen was all…

August 23, 2023

Singapore
Singapore’s Social Contract Is Starting to Fray

The PAP has made unbending integrity central to its identity, magnifying the damage the recent scandals have done to the party.

Singaporean prime minister stands behind a microphone with his hands clasped wearing a black suit with blue tie.

June 15, 2008

China
Maybe the CIC isn’t motivated entirely by commercial gain …

The CIC claims it wants to be a commercial investor. Gao Xiqing is often quoted to the effect that the CIC "operates on commercial principles" and intends to only take passive stakes. I have always…