With China set to announce its third-quarter gross domestic product report on Monday, skepticism over its economic data is arising anew. Recall that Bill Gross has described China as “the mystery meat of emerging-market countries.” Premier Li Keqiang, before taking that post, said he didn’t rely on official statistics. He preferred things like rail freight and […]
The roadmap for China’s foreign exchange reforms has now come into focus, following the recent conclusion of the landmark Third Plenum, which outlined the blueprint that is set to shape the direction of economic reforms in the world’s second-largest economy for the next decade. Read Here – The Diplomat
A Bank of International Settlements survey released on September 5 reveals that the renminbi (RMB) is now among the 10 most actively traded currencies in the world. Read Here – The Diplomat
The longest-serving leader of a central bank of a major world economy is not to be found in Europe, or North America, or Japan. It is a 65-year-old man named Zhou Xiaochuan who was recently reappointed to the job he has already held for a decade, namely governor of the People’s Bank of China (PBOC). […]
looking beyond borders 