Council of Councils
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Introduction
Over the last several decades, governments have collectively pledged to slow global warming. But despite intensified diplomacy, the world is already facing the consequences of climate…
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April 24, 2007
China
China: exporter of imported components or exporter?
The Economist (New York byline): “However, it’s not clear how much impact this [A more freely floating currency] would really have on exports. For many of the products it exports, China is merely a…
January 10, 2008
China
Stealth appreciation? Or steady depreciation? Take your pick
The pace of RMB appreciation against the dollar has picked up recently. China presumably didn’t let its currency rise just because its trade surplus --which rose from $177.5b in 2006 to $262.2b in 20…
October 21, 2007
China
Definitive evidence the RMB is undervalued?
Chinese exports to India grew by 67.5% in the first three quarters of 2007. Bloomberg, last week:"Exports to the U.S. rose 15.8 percent in the first nine months from a year earlier and those to Euro…
August 10, 2008
China
Value-added in China’s export sector and China’s exposure to a global slump
Mark Thoma linked to a VoxEU article summarizing new work by Robert Koopman, Zhi Wang and Shang-Jin Wei on the "Chinese value-added" of China’s exports. They find that the Chinese value-added in C…
