Jan 30 , 2012

The core of internationalization of the Chinese yuan, or renminbi, is liberalization of its capital account, as was revealed in China’s practices over the past

Aug 03 , 2011

Even as the debt crises in Europe and the United States loom large and the global economic recovery falters, inflation is making a comeback worldwide. Indeed, e

Jun 01 , 2011

Recently, HSBC bank released an upbeat survey predicting that China’s currency, the renminbi (RMB), will become one of three global settlement currencies (alon

Apr 03 , 2011

BEIJING – Despite shaky economic fundamentals, US government securities are usually regarded as a safe haven. Whenever a crisis erupts, the value of US Treasur

Mar 31 , 2011

Efforts should be made to establish a supranational currency as part of a new international financial order The start of the G20 meeting in Nanjing on Thursday

Feb 26 , 2011

Before July 2007, most economists agreed that global imbalances were the most important threat to global growth. It was argued that the United States’ rising n