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John

Is China on the verge of a banking crisis?

Written by Damian Tobin. A variety of indicators suggest that China has come perilously close to a banking crisis. So far, the government has managed to keep things in check. A state-led debt restructuring indicates Chinese officials have learnt some of the lessons of the bad loan crisis […]

De-Dollarization, Gold, and the prospective role of the Yuan

Written by Miriam L. Campanella. The People’s Bank of China made headlines in 2016 for selling  massive chunks of its foreign exchange reserves   to shield the renminbi from greater depreciation on the back of accelerating capital outflows.  By selling  dollars from its over 3 trillion reserves to ease […]