China’s reported current account surplus rose from $55 billion in the second quarter of 2024 ($220 billion annualized, or just over a percentage point of GDP) to $148 billion (just under $600 billion ...
China wants a slow, managed move in its currency. The market—and China’s trading partners—may not be as patient.
and a senior fellow at the Asia Society Policy Institute’s Center for China Analysis. There are many reasons to lie awake worrying about the Chinese economy. A big devaluation of the yuan is not one ...
Alibaba's recent quarter showed strong revenue and operating income growth, driven by international commerce and cloud segments, despite currency headwinds and macroeconomic challenges. Management's ...
In recent years, China has emerged as a formidable force in the global economic landscape, and its ambitions in the realm of digital finance are no exception. With the continued evolution of global ...
China is pursuing a strategy of selective RMB integration – eschewing full capital account liberalization and avoiding a direct challenge to dollar hegemony. In recent weeks, a cluster of news reports ...
NPR's Steve Inskeep talks with a Chinese observer of the U.S. and an American observer of China about the countries' competing interests. Sometimes, you learn about yourself when you discover what an ...
BUENOS AIRES (Reuters) - China is on a crash course with the United States over a major Chinese currency swap deal with Argentina that has buffered the South American country's depleted foreign ...