Renimbi going into the SDR Basket
It always seems impossible until it’s done. Nelson Mandela The renminbi will join the International Monetary Fund’s (IMF) Special Drawing...Read more
What Does BREXIT Mean for China?
If you don't know where you are going, you might wind up someplace else. Yogi Berra In the short-term, Brexit...Read more
Chi Time – Why can’t we trust China’s economic data?
It is a maxim of today’s financial markets that we cannot trust Chinese economic data because the official statistics distort...Read more
Chi Time – China in Crisis?
Everything will be okay in the end. If it’s not okay, it’s not the end. John Lennon Many observers believe...Read more
Chi on China – SDR: A Reserve Currency Fast-track for the Renminbi
Summary Technically, the renminbi is not yet qualified to be included in the International Monetary Fund’s Special Drawing Rights (SDR)....Read more
Chi on China – China’s Financial Reforms: ‘Big Bang’ or Caution?
Chinese government officials, academics and policy advisors have been debating heatedly the sequencing of China’s financial reforms. The official line...Read more
Chi on China – Rising Chinese Bond Yields Reflect Policy Re-balancing
Summary For too long, China’s interest rates have been kept below its nominal GDP growth rate for too low. They...Read more
Chi on China – China’s Free Trade Zones to Push RMB Convertibility?
There are high hopes on the Shanghai Free Trade Zone (FTZ) being a test bed for China to experiment full...Read more
Chi on China – China’s FTZs, Structural Reforms & RMB Convertibility
Summary The idea of establishing domestic Free Trade Zones (FTZs) in China has generated a lot of excitement about accelerating...Read more