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Yuan Regional Trade? SE Asia Now Can Use RMB
20 hours ago ago from International Political Economy Zone
Now the game is truly on in contesting regional hegemony in the Asia-Pacific region. Formerly the bailiwick of the United States, unresolved conflicts that are not going well in the Middle East and South Asia have perhaps distracted it from conducting diplomacy there--particularly Southeast Asia. At about this same time last year, China announced that it would begin allowing the use of its own currency for trade facilitation with its ...
Related contentCurrency contortions
1 day ago ago from LATICONOMICS
Banyan Currency contortions Tensions are likely to rise further over China's exchange rate A COMMUNIST leadership always on full alert for violations of national sovereignty has lately grown shrill over calls by American and European policymakers to raise the value of the Chinese yuan, kept low by a heavily managed currency regime. Recently the prime minister, Wen Jiabao, presided over a grumpy summit between China and the European ...
Related contentNi Hao, Jai Ho - China, India create a new blockbuster
1 day ago ago from Key Trends in Globalisation
Readers of this blog may be interested to know that its author has an article in India's Economic Times . It deals with why India and China are the two economies that have most successfully come through the international financial crisis, the impact of this on the world economy and its potential impact on mutual relations between the two. It can be found here .
Related contentThe Chinese Have Voted No on Obamacare
23 hours ago ago from Stealth Fusion - World Breaking News
Quote: The Chinese Have Voted No on ObamaCare Posted by malbis (Profile) Saturday, December 19th at 4:35PM EST Now that Senator Reid apparently has the 60 votes he needs for cloture, and it looks certain that the Âhealth care reform (sic) Bill will pass the Senate, there is an interesting development that is passing almost unnoticed. And it may make the passage of the Bill completely moot in the long-run. The Chinese ...
Related contentHarder to buy US Treasuries —- Published on ShanghaiDaily.com
19 hours ago ago from Andrewluck's Blog
Harder to buy US Treasuries Created: 2009-12-18 0:13:35 Author:Zhou Xin and Jason Subler IT is getting harder for governments to buy United States Treasuries because the US's shrinking current-account gap is reducing supply of dollars overseas, a Chinese central bank official said yesterday. The comments by Zhu Min, deputy governor of the People's Bank of China, referred to the overall situation globally, not specifically to ...
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Will Your Next Car be Made in India?
1 hour, 35 minutes ago ago from TIME.com - World
SEARCH TIME.COM Full Archive Covers Videos Will Your Next Car be Made in India? By Nandini Lakshman / Mumbai Monday, Dec. 21, 2009 Ganesh Adhav (L), an employee of Volkswagen, takes pictures of his parents at the German automaker's plant in Chakan, India, on Dec. 12, 2009 Arko Datta / Reuters Share India, home of the $2,500 Tata Motors Nano, is ...
Related contentAsian Shares Trade Mixed
4 hours ago ago from Wall Street Journal
SINGAPORE -- Asian shares were mixed Monday in subdued holiday-thinned trade with Hong Kong and China weighed by worries over further property market cooling measures. "Equity markets are moving sideways while corporate earning catch up to share prices," said Patersons senior private client adviser Chris Blair. Hong Kong's Hang Seng Index was down 0.5% while China's Shanghai Composite fell 0.6% and Taiwan's main index was up 0.8%. ...
Related contentBBC News - China and Taiwan to discuss controversial trade pact
5 hours ago ago from BBC
Protests so far have been peaceful A top Chinese official is in Taiwan for trade talks which some fear could undermine the island's sovereignty. Ahead of the talks, tens of thousands of protesters rallied against the visit by the Chinese negotiator on Taiwan, Chen Yunlin. The two governments hope to sign the free-trade pact by early next year. The visit comes as Taiwan debates how close a relationship it wants with its ...
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