China

Additional monetary easing for China?

As many other central banks in the Asian region, the People Bank of China (PBoC) has been on an easing mode for a few months now and more seems to be

A compelling case for Chinese monetary easing

In the midst of the heated monetary policy debate, the People’s Bank of China (PBC) since mid-2014 has no doubt started loosening its monetary policy,

Pessimistic views of China’s economy are unconvincing

In late 2001, I first used the phrase BRIC to discuss the likely rise of Brazil, Russia, India and China as growing shares of the world economy and ou

Making space for China

The aging dollar peg: time for the PBC to bid it farewell

The Chinese renminbi (RMB) depreciated 2.5 percent against the US dollar in 2014. This was the first depreciation since 2005, when Beijing timidly sta

Two cheers for the new normal

The conventional wisdom about the state of the world economy goes something like this: Since the start of the 2007-2008 financial crisis, the develope

Backward guidance, Chinese style

Since early 2014, the People’s Bank of China (PBC), the Chinese central bank, has deployed multiple policy tools to loosen its monetary policy st

Three good reasons to be bullish on China in 2015

Back at the start of the decade, I made certain assumptions about how the so-called BRIC economies -- Brazil, Russia, India and China -- would perform

Has a stronger renminbi contributed to financial tightening?

The People’s Bank of China (PBC), the Chinese central bank, finally cut its benchmark interest rates on 21 November, after easing its policy in a shad

Emerging markets mock the pessimists

Remember this time last year, when it was fashionable to predict that 2014 would be a pretty bad year for emerging markets?  Didn't really happen

The twenty-first century needs a better G20 and a new G7+

In an environment of rapid change in global patterns of trade and wealth creation, a new revamped (but highly representative) grouping should be creat

China seeking to cash in on Europe’s crises

Last Monday, I posted about the increasing investment of China in Russia, wondering whether and to what extent it could help Russia smooth the economi

Fact: Dim Sum bonds are not coming to rescue Russia's banks

Despite Russian efforts, it seems Asian markets will not provide a quick fix, as yields on yuan-denominated bonds issued by Russian entities have been

Russian Roulette, reloaded

European attention will be back to Russia and Ukraine this week, as sanctions are reviewed.  In the meantime, important changes have taken place.

Blogs review: The China slowdown effect

What’s at stake: As China moves from being an economy with surplus labor to an economy with labor shortages, the implications for the global econ