As I listen to all the ad hoc conjectures about the state of China's economy and its near-term prospects, I am astounded to never hear anything said about the most important determinant of nominal economic growth: the money supply.
WASHINGTON -- The action taken by China, far from being a step to manipulate its currency, is actually an effort to let the RMB fluctuate according to the dynamics of the exchange markets.
Yesterday's devaluation of 1.9 percent in the value of the Yuan was followed today by another cut of one percent by China's central bank in the nation...
Steve Hoffman at Founders Space recently returned from a "marathon business trip" to China. He returned with some unexpected findings that defy many of our staid stereotypes in the West. With Steve's permission, I am quoting his findings below.
As if the world could merely be understood by the simple use of economic indicators. In fact, the world will be very different from the predictions of the CIA. An international team from Sorbonne University has just published its own analysis on the subject: The world in 2030, what the CIA had not imagined. Its conclusions run as follows.
Investment in infrastructure projects are more than just a bright spot for the global south. It may actually encourage investment in real assets that would boost output back in the old "rich" countries -- a welcome monsoon rain amidst a sea of paper.
Germany, Asian countries and commodity producers have already been selling less to China because of its economic slowdown; now they could sell less because their exported goods look more expensive as the Chinese yuan goes down.
With the threat of climate change and a host of other environmental challenges looming like a dark cloud, the 2016 election will be a time to hold candidates accountable on where they stand on these concerns -- and what they promise to deliver.
Impacting the geopolitical dynamics of Southeast Asia, an artificial channel connecting the Indian Ocean and the Far East would not have to be detrimental to the core interests of Singapore whose location by the Strait of Malacca has been an element of her success.
Well, that was entertaining, wasn't it? We refer, of course, to the grand spectacle of the first Republican presidential debates, held last night on Fox News. Since this is all anyone's talking about in the political world today, we are going to follow suit and devote most of this column to our reactions.
The Chinese government and Chinese businesses, which may well deserve criticism, are not the same as Chinese immigrants and their American descendants, who have made the choice to embrace this nation and its ideals.
In regular visits to Africa, Chinese leaders emphatically reject the accusation of neo-colonialism and that Beijing is only interested in exploiting the continent's natural resources. The reality, though, is much more complicated, according to Financial Times Investigations Correspondent Tom Burgis.
I'm proud to say that I came from the country that produced the world's most self-made female billionaires in the world. I'm proud to say that I am able to speak both English and Chinese fluently. But I wasn't always proud.
Decades into reform, this is finally where the Communist Party rubber hits the capitalist road and a restless public connected by social networks. The nemesis undoing its capacity to stem volatility and maintain stability through traditional hierarchical control is the democratization of information.
Maybe, on second thought, Donald Trump isn't a gross hypocrite for buying all of that Trump stuff from China; just grossly cynical, and not a candidate who will lead by example. Still, it's not a good look, and it's one of the million reasons he doesn't look very presidential.
Take it from , founder of the Theme Park Guy -- an elaborate website that details his travels to worldwide theme parks--that empty parks are the place to be. Here he advised us on 8 of the world's emptiest theme parks.