Tags » RMB

7 Amazing Items to Buy at a Huge Discount Tmall’s 11.11

(Source: blog.moneysmart.sg)

Ever since Singaporeans discovered Taobao.com, more people have started to wish they had paid attention during Chinese lessons back at school. Especially when 11.11 is just around the corner! 760 more words

Money Matters

Another blockbuster quarter for Alibaba as revenue surges 61%

(Source: techcrunch.com)

Alibaba’s stellar financial performance continues unabated after the Chinese e-commerce giant again beat analyst expectations thanks to impressive growth in its core business at home. 313 more words

Technology

Rani Jarkas - RMB Internationalization Efforts Deliver Real Advances

The largest trading nation in the world looks forward to reduce transaction cost in international trade, which is, for the most part, settled in US dollars at the moment. 251 more words

Rani Jarkas

China - The Greatest Ponzi Scheme in History?

A friendly commentary and analysis from China-based “doublewood” in reaction to James Rickards’ most recent Daily Reckoning piece entitled, “The Greatest Ponzi Scheme in History.” 1,766 more words

Markets

Broederliefde - Narcos

Alguna vez hecho me vuelvo en alguien que mata
Yo no sé lo que yo tengo, maar ik denk aan laca
Ik ben niet bezig met jullie niggas, ik ben op plata… 786 more words

Broederliefde

China’s unloading of FX reserves, spillbacks, and quantitative tightening

Written by Miriam L. Campanella.

China’s economic strength often is referred to $3 trillion in foreign currency reserves. Piled up since the 90s with the start of the new economic policy, the composition of this wealth is made up by 70 percent (or $2.3 trillion)  in U.S. 1,156 more words

China

China's foreign exchange reserves rose for the first time since June

The Chinese government has recently been facing a trilemma of the tanking yuan, increased capital flight, and shrinking foreign exchange reserves. Rubbing salt into the wound is US president Donald Trump who… 317 more words