Foreign Exchange Reserves

21 May 2013

The yuan traded within 0.2 per cent of a 19-year high yesterday, amid speculation capital inflows would spur appreciation. China might face "large scale" inflows of speculative funds in the next...

4:25AM

Business Digest, January 17, 2013

17 Jan 2013

The European Union will not be drawn into a trade war with China, EU ambassador to Beijing Markus Ederer insisted, a day after trade sources said the European Commission found China illegally...

4:19AM

China's overseas investment set to soar, minister says

29 Nov 2012

China's outbound investment is set to rise in the coming years, with its size in the next five to ten years expected to match the foreign direct investment the nation attracts, said Commerce...

3:46AM

China records sharp rise in capital outflows

19 Sep 2012

Figures released yesterday indicate capital outflows from the mainland have accelerated, possibly because of expectations the yuan will depreciate as economic growth decelerates.

2:57AM

Asian emerging markets in good shape, says Fitch

23 Nov 2011

Asia's emerging markets are in good shape to weather outflows of hot money, currency fluctuations, weak exports and global macroeconomic uncertainty next year, according to Fitch...

1:29AM

Blood money

31 Oct 2011

When the world financial crisis broke in 2008, I wrote several columns for the official mainland paper The Global Times, politely criticising China's central bank for its ignorance of...

11:30PM

Opinion

Alex Lo

A dangerous demagogue in our midst

4 comments

4:18AM

Jake Van Der Kamp

Ferry subsidies to push rents up further

5 comments

4:27AM

Facing up to the crisis in fiat money

Last week, I attended the second annual meeting of the Institute for New Economic Thinking, at the Mount Washington Hotel, nestled in a beautiful valley in Bretton Woods, New Hampshire. In 1944,...

7:59AM

Growing forex reserves further ammunition for yuan critics

China's foreign exchange reserves topped US$3 trillion for the first time last month, giving critics of its currency policy more ammunition as Group of 20 finance chiefs gather in Washington to...

7:57AM

Why China gains from yuan revaluation

Many believe that if China revalues the yuan, with US$2.5 trillion in reserves, it will lose US$25 billion for every 1 per cent appreciation of the currency.

7:12PM

Asia's economic generals are fighting the wrong war

Army generals, it is said, always prepare to fight the last war. For example, when the British army's expeditionary force crossed the English Channel at the beginning of the first world war, its...

1:32PM

Regulators tighten curbs to block hot money

The mainland's foreign exchange regulator is tightening controls on currency settlements made by foreign-invested companies, the latest attempt to stem a tide of international speculative capital...

12:15PM

Central bankers caught in a trap of their own making

At some point this month, and very likely today, the foreign reserves of the East Asian region will cross the US$4 trillion mark.

11:37AM