…their purchases of US dollars and let the yuan appreciate. And the effects of such a change on the US – both positive and negative – could be significant. Kash…
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The German euro is undervalued
…DM would rise in value. U.S. officials constantly rail about the undervalued Chinese yuan and the huge bilateral trade deficit it creates for this country. But officials could (and to…
Trump Tariffs Hit Largest US Aluminum Company, ALCOA
…well, the yuan/rmb has hit a new low for the year against the rising US dollar, which will mean it will still be exporting to the US even as its…
Peoples’ Republic of China Reaches Age 70
…a dynasty being about 300 years, as with the Tang, Song, Yuan, Ming, ans Qing (the Han lasted 400 years, some others for much shorter periods). The classic pattern has…
Robert Mundell And Supply Side Economics
…currency based on a combination of the US dollar, euro, and Japanese yen. He also called for the Chinese yuan/rmb to be included in the IMF SDR, which came to…
Report From Moscow
…known going price to get out of being conscripted: 5000 euros, yes, euros, not rmb/yuan or USD, and definitely not rubles, with the ruble/euro rate much worse in practice than…
Opinion Piece “China’s One-Child Economic Disaster”
…Gao). This is consistent with a Reuters report that Beijing is considering a monthly subsidy of around 800 yuan per child for a family’s second and third children. What a…
Supply Chain Location is Important to Supply Asia
…medical devices from the EU that exceed 45 million yuan ($6.3 million) in value. This will not affect products from EU companies that are manufactured in China. Evonik Industries AG…
Can China poach US-trained scientists?
…exceeded 3.9 trillion yuan (US$567 billion). For the past five years, it has increased by at least 8% a year. “China’s latest R&D target was set as part of the…
A President Who’ll Cut Social Security — And Liberals Who Love Him Too Much
…them.) 2.Obama’s proposed chained-CPI cut would typically reduce benefits for 3 percent, and by as much as 6 percent for some recipients. 3.The White House’s decision to label this cut…
