Economy
The Chinese Yuan Moves Toward Independence
Because of the increasingly complicated worldwide geopolitical issues, as well as the economic and financial repercussions, the RMB exchange rate has gradually increased since...
‘Belt and Road’ for a ‘Better World’?: China-US relations and 50 years of the Shanghai Communiqué
On the 50th anniversary of the Shanghai Communiqué this year, Chinese Foreign Minister and State Councillor Wang Yi made an interesting statement calling on...
China’s Monetary Policy Moves towards Aggregate Stability and Credit Easing
On February 11, the People's Bank of China (PBoC) released the China Monetary Policy Implementation Report for the Fourth Quarter of 2021 (hereinafter referred...
Will India circumvent sanctions on Russia? Lessons from Iran sanctions
In the wake of Russian invasion of Ukraine, a slew of sanctions were imposed on Russia. These sanctions target banks, military exports, and oil...
The Impact of the Russia-Ukraine Conflict on Global Financial Markets
Since the outbreak of the Russia-Ukraine war, the global capital markets had experienced the initial plunge on February 24, and then stabilized and rebounded...
Daniel H. Rosen’s Argument Revisited on Post-Covid China
According to Daniel H. Rosen's article "Xi Is Running Out of Time: China's Economy Heads for a Hard Landing," China's economy is on the...
The Impact of Western Financial Sanctions against Russia Cannot be Underestimated
On February 27, the European Union, the United Kingdom, the United States, and Canada issued a joint statement banning some Russian banks from using...
Understanding Universal Basic Income: Experiment in Finland
The scheme of basic income which should be paid in cash in a regular basis without any burden of conditions was thought as a...
How should Chinese Companies Deal with U.S.’ Targeted Sanctions?
On February 7, the U.S. Department of Commerce's Bureau of Industry and Security (BIS) issued a statement adding 33 Chinese entities to the Unverified...
The Root of Debt Crisis of Red Capitalism
The liquidity crisis recently experienced by one of the largest developer companies in China, Evergrande, is the fruit of the long journey of socialism-style...