63 Results for:

July 21, 2008

Monetary Policy
Just how much money does China have? How fast are China’s foreign assets growing? And how much is hot money?

Answering these questions has been a long-term obsession of mine. I am not sure I have the answers, even now. China’s government doesn’t make tracking the growth of its foreign assets easy. …

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January 23, 2009

Monetary Policy
Is the US now more, or less, reliant on China’s government for financing?

Rarely do nominees -- or even Treasury Secretaries -- make news in their written response to questions posed by Senators. But Tim Geithner’s comments on China yesterday tcertainly made news. I m…

April 19, 2009

China
(Green) bamboo shoots?

Economists scouring the globe for highs of hope (or at least a slower rate of decline) have found a few green shoots in China. A smaller fall in the March import data. A faster y/y rise in indus…

(Green) bamboo shoots?

May 1, 2008

China
Managing China’s real appreciation

The BIS computes the real exchange rate for a broad range of countries (if only the data extended backwards a bit further). The BIS data shows that China’s real exchange rate tracked the US real e…

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