The Italian sovereign debt market has been severely shocked by sell-offs in recent weeks as the yield for 10-year government bonds rose to 7%, a figure consider

Professor Ken Lieberthal of the Brookings Institution takes a closer look at the China' currency policy in the Brookings Podcast.

Dear Senator Chuck Schumer and your esteemed colleagues, to quote a famous US President, “There you go again.” Since nothing else was working very well coming

Three years after the collapse of Lehman Brothers, which turned America’s financial crisis into a global one, China’s economy is again riding high. Many obser

It has been widely argued that the Renminbi (Yuan) cannot become an international currency until it is fully and freely convertible. Thus, as long as China maintains capital controls of any kind, the Renminbi cannot be used as a medium of exchange for international transactions.

While western economies struggle from the ever-increasing burden of public deficits and debt, there are symptoms in China, too of emerging financial ailments. A

China is America’s leading foreign creditor. It came as no surprise, then, that while traveling through Asia last week U.S. Secretary of State Hillary Clinton gave strong assurances to Beijing that policymakers in Washington would soon reach an agreement raising the country’s debt ceiling.

Dr. Bottelier explains why China is having second thoughts on the US economic model and how the debt crisis has damaged US's international image.

Recently the China—United States Exchange Foundation invited me, along with three other economics writers, on a tour of China. It occurred over 11 days, and th

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