After Richard Nixon scrapped Bretton Woods, the U.S. currency’s exorbitant privilege only grew — because the U.S. embraced innovation, not regulation.
Featured Posts Title
Beijing’s young raptors show why nesting season is a rescue crisis
China makes new US warship target for missile tests, images show
‘Salami slicing’: How China is trying to increase control in the Pacific
China’s assertions of authority over foreign ships near Taiwan draw US rebuke
China is having another AI moment
China’s newest aircraft carrier sails through Taiwan Strait
Will China ever be held accountable for COVID-19?
Recent Posts
50 Years After Going Off Gold, the Dollar Must Go for Crypto
China administered 1.854 bln doses of COVID-19 vaccines as of Aug 14
China administered about 9.46 million doses of COVID-19 vaccines on Aug. 14, bringing the total number of doses administered to 1.854 billion, data from the National Health Commission showed on Sunday …
Merging Business and Human Rights in China: Still A Long Way to Go
The 2004 amendments to the Constitution…guarantees…private property and human rights…However, constitutional rights in China are not bases for legal action since constitutional court and judicial …
South China Sea: Beijing tracking other countries with satellites and underwater systems
CHINA is “spying” on other countries in the South China Sea through satellites, manmade islands and underwater systems.
China reports 24 new locally transmitted COVID-19 cases
The Chinese mainland on Saturday reported 24 new locally transmitted COVID-19 cases, the National Health Commission said in its daily report on Sunday. Among the local cases, 18 were reported in …
Africa-China trade slowed by container shortage as Covid-19 hits shipping
As economies reopen, demand from China-Europe and trans-Pacific trade routes drives up shipping costs, causing them to be prioritised over routes to Africa.
China’s new COVID outbreak puts global economic recovery at risk
The blow to China’s economy from the delta variant outbreak deepened in the past two weeks, according to high-frequency data. Deterioration on the demand side in late July an …
China’s digital yuan ambitions raise more questions than answers
As countries experiment with central bank digital currencies (CBDCs), China is the only large economy with an actively deployed CBDC: the digital yuan, or e-CNY. China’s central bank recently …
Former HKEX boss Charles Li’s new platform aims to provide finance to 10,000 small companies in mainland China
Micro Connect, set up by Charles Li, may need to raise up to 10 billion yuan (US$1.5 billion) from global investors as it aims to provide much-needed funds to small businesses in mainland China.
ETF Weekender: JPMorgan’s $10 Billion Switch and Cathie Wood on China
Welcome to the ETF Weekender, your round-up of the biggest and most interesting stories from one of the hottest corners of Wall Street. In the week when Wall Street really started to fret over the…
China’s Henan reports 5 new locally transmitted confirmed COVID-19 cases
Central China’s Henan Province reported five new locally transmitted confirmed COVID-19 cases, eight new asymptomatic carriers on Saturday, the provincial health commission said Sunday. The new …
China Bonds Face Week of Reckoning as Loans, Key Data Come Due
The rally in China’s government bonds has cooled as traders pared bets for further policy easing. Data in the coming days may help determine if the gains are revived.The first clue on the rate outlook…
China reports 53 new coronavirus cases for Aug 14 vs 66 day earlier
China on Sunday reported 53 new confirmed coronavirus cases in the mainland for Aug. 14, compared with 66 a day earlier, according to the National Health Commission. Of the new infections, 24 were …
