Xi Jinping and others in China’s new leadership team highlighted several policy goals in the 18th party congress in November. These likely will be ratified in next week’s National People’s Congress. In a poll conducted earlier this week, we asked readers which of the policy goals is the most important. Read more
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Professor Avinash D. Persaud followed and traded the currency markets for many years at UBS, J.P. Morgan, and other institutions. He shares the insight he accumulated and discusses the real driving forces in currency markets over periods that matter to investors and corporations. The situation of the Renminbi in the context of his framework is also discussed. Read more
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As I stated last month, investors have largely left last year’s biggest story, the European Sovereign Debt Crisis, behind. Instead, in the last 30 days, investors have been getting their bearings and putting in place new strategies. Read more
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Tse Yung Hoi discusses the possible influence that the Renminbi Qualified Foreign Institutional Investor (QFII) and RMB Foreign Direct Investment (FDI) schemes will have on the progress of RMB internationalization after Vice Premier Li Keqiang’s recent visit to Hong Kong and the role that the RMB will play in the global monetary system over the next 5 to 10 years. Read more
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Wend Guo, CFA, recently sat down with Tse Yung Hoi to discuss the basic concepts, background, and key milestones of renminbi (RMB) internationalization, as well as lessons to be learned from the internationalization of the Japanese yen. Read more
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That the world is grossly overindebted is perhaps an obvious point. But by how much — and why — are less clear. Today total global debt stands at approximately $150 trillion, or 194% of global gross domestic product. And according … Read more
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