Paola Subacchi

Paola Subacchi

Paola Subacchi is a senior fellow at Chatham House and the author of The People’s Money: How China Is Building a Global Currency.

Latest from Paola Subacchi

The View | An attempt to freeze China out of the US dollar system will hasten decoupling, but not to America’s advantage

The reported US plan to target China in a financial war, if put in motion, would be the latest Trump move to leverage the US dollar’s privileged position to advance geopolitical objectives. It would deepen mistrust of the US and hasten the search for an alternative financial system.

23 Oct 2019 - 10:26PM

The reported US plan to target China in a financial war, if put in motion, would be the latest Trump move to leverage the US dollar’s privileged position to advance geopolitical objectives. It would deepen mistrust of the US and hasten the search for an alternative financial system.

An attempt to freeze China out of the US dollar system will hasten decoupling, but not to America’s advantage
Opinion | Debt-laden Italy eyes China’s belt and road, risking more than just the wrath of Donald Trump and the EU

It’s clear why Italy, in need of an economic jump-start, would warm to China, but just as clear why engaging China bilaterally is not a good idea.

22 Mar 2019 - 6:18AM

It’s clear why Italy, in need of an economic jump-start, would warm to China, but just as clear why engaging China bilaterally is not a good idea.

Debt-laden Italy eyes China’s belt and road, risking more than just the wrath of Donald Trump and the EU
Opinion | Why China’s central bank is caught between a rock and hard place unless it allows the renminbi to float freely

The complexity of dealing with the devaluation of the renminbi amid the trade war underlines the need for China to allow the value of its currency to be truly determined by market forces.

27 Jul 2018 - 2:48PM

The complexity of dealing with the devaluation of the renminbi amid the trade war underlines the need for China to allow the value of its currency to be truly determined by market forces.

Why China’s central bank is caught between a rock and hard place unless it allows the renminbi to float freely
The US must wake up to a multipolar world by welcoming China to the table