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International efforts, such as the Paris Agreement, aim to reduce greenhouse gas emissions. But experts say countries aren’t doing enough to limit dangerous global warming.
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October 19, 2006
China
Washington Post v. New York Times on China’s auto exports
Post: Bullish Times: BearishActually, it isn’t that hard to reconcile the two stories. The Post focuses on auto parts exports. Keith Bradsher of the Times focuses on exports of Chinese-made au…
March 12, 2007
China
Just what is in China’s portfolio? And do foreign central banks think Agencies are Treasuries?
China's decision to set up a new investment authority with a mandate to invest in a range of assets -- not just traditional reserve assets -- has attracted a lot of attention. But as the Bank of New…
April 17, 2007
Financial Markets
Saudi riyal, Kuwait dinar, UAE dirham hit multi-year lows v. the pound …
They are also getting close to a record low v. the euro. Yet oil is, well, still rather strong. Against the dollar. But also against the pound and euro. The euro and pound have gained significan…
May 20, 2007
China
What, if anything, has China decided to do differently?
China widened the band around the RMB and raised (slightly) interest rates, with the rate on deposits going up more than the rate on lending. It hardly seemed like a major policy shift to me – bu…
June 7, 2007
China
The reverse processing trade …
A standard argument is that China’s export success is overstated. Sure, a lot of goods, especially electronics, are assembled in China. But those goods are composed of imported parts. Chinese …
