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Donald Trump is (still) wrong about how China's currency works

After infuriating Beijing with a phone call with Taiwan that upended decades of US diplomatic protocol, president-elect Donald J. Trump went a few steps further, rallying against China’s currency and military policies on Sunday (Dec. 351 more words

자본유출을 막으려는 중국의 사투

원제: China to clamp down on outbound M&A in war on capital flight

by Gabriel Wildau in Shanghai, Don Weinland in Hong Kong and Tom Mitchell in Beijing… 83 more words

Featured

Here's How China 'Encourages Capital Flight' from the Country

The new way China fixes the yuan exchange rate “encourages” capital flight and has led to a gradual depreciation of the currency, a former member of the central bank’s Monetary Policy Committee said on Tuesday. 426 more words

Finance

Chinese trade and Renminbi internationalization

Written by Hyoung-kyu Chey.

Since its accession to the World Trade Organization in 2001, China’s share in the world trade has risen rapidly. The country has become the world’s leading exporter, surpassing Japan in 2004, the United States in 2007, and finally Germany in 2009. 1,259 more words

China

How to Enjoy a Week-Long Holiday in Shanghai For Less Than $700

(Source: blog.moneysmart.sg)

When Singaporeans go to Beijing for the first time, they spend their days visiting megamonuments like the Great Wall and the Forbidden City. 790 more words

Money Matters

How to Go on a Week-Long Holiday to Beijing For Less Than $800

(Source: blog.moneysmart.sg)

Singapore’s annual haze has nothing on Beijing’s perennial smog. But if you can brave the air pollution, Beijing is an incredible treasure trove of history and culture. 800 more words

Money Matters

The Chinese Yuan Just Dropped to a 6-Year Low

China’s yuan dipped to a fresh six-year low against the dollar on Friday, crossing the 6.76 level before paring losses as strong dollar purchases by companies continued to pile pressure on the Chinese currency, traders said. 142 more words

Finance