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January 26, 2005

Financial Markets
China reads the Economist. Is the Renminbi undervalued?

While China’s delegation to Davos seems a bit less than enamored with the dollar, the People’s Bank of China seems have read last week’s Economist, and concluded that there is no need to change the …

February 26, 2008

Capital Flows
Regulating sovereign wealth funds: does the US have any leverage?

Bob Davis’ Wall Street Journal article - which reports that the US Treasury is pushing Singapore and Abu Dhabi to increase their transparency and to signal that their funds will be managed commercial…

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July 12, 2008

Monetary Policy
Too Chinese (and Russian) to fail?

The epicenter of the US financial crisis now seems to have shifted to Fannie Mae and Freddie Mac -- the government sponsored enterprises that dominate the market for US housing finance. Few inst…

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January 1, 2007

United States
Is Steven Pearlstein right?

Steven Pearlstein’s column “Public debt, private wealth” argues that surge in demand for US financial assets from emerging economies – and overwhelmingly from the governments of emerging economies, n…

March 14, 2009

Monetary Policy
China has more to worry about than its Treasury holdings

Premier Wen knows how to get attention; all he has to do is raise a few doubts about China’s ongoing willingness to keep on buying US assets. The FT, the Wall Street Journal and the New York Times …

China has more to worry about than its Treasury holdings