We are on the alert for more bad global economic news in the months ahead if the drop in world trade continues.
Team Trump has set off the mother of all trade wars with China by making a series of gross miscalculations.
Will similarities with Japan’s banking practices of the 1970s and 1980s be the death knell for China’s economy?
While the United States fights a futile trade war with China, the rest of the world loses.
In principle, Iran could sell its oil for yuan, running the transactions through China-based financial institutions, futures markets and clearing institutions.
Foreigners will need access to high-quality yuan assets—liquid and market-priced—if they are to be induced to hold yuan reserves.
China’s GDP growth picked up to 6.9% in 2017 from 6.7% in 2016. That is surely better, but is it good enough? And what does it mean for investors?