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February 28, 2008

Emerging Markets
$1 trillion, $100, $1.50

A lot of milestones have been passed in the last few days. Most aren’t positive for the United States. Nouriel Roubini is no longer the only economist putting the eventual toll of the financial crisi…

July 31, 2008

China
Back to the future: Is China’s new RMB policy China’s old RMB policy?

The odds that the US slipped into a recession around the turn of the year have increased. Nouriel Roubini is convinced. Jim Hamilton isn’t. The risk that US growth may slow later the in year …

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September 5, 2008

China
Interesting

One of my usual laugh lines is that the CIC isn’t a sovereign wealth fund; it is a sovereign loss-minimization fund. After all, selling debt denominated in an appreciating currency (and one that…

May 28, 2010

China
China’s Litmus Test: Stability or Status Quo on the Korean Peninsula?

Photo courtesy of REUTERS/Jo Yong hak South Korean President Lee Myung-bak’s formal announcement of a robust set of countermeasures against North Korea in response to the sinking of the Cheonan have…

China’s Litmus Test: Stability or Status Quo on the Korean Peninsula?

June 4, 2010

China
China’s Tough Choices

Photo courtesy of REUTERS/CCTV via Reuters TV Remember all those books and articles about a “power shift” in Asia, or China “eating America’s lunch,” or the relentless advance of Beijing’s soft powe…

China’s Tough Choices