The story of Donald Trump’s summit in Beijing is, at its core, a story about big money. At Davos in January, after Wall Street’s senior figures helped persuade the president to shelve his Greenland annexation plan and smooth relations with…
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From 2015 to 2025, Beijing’s most significant macroeconomic achievement was to break free from its long-standing reliance on the property market. Instead, policymakers turned to poverty alleviation, rural revitalisation, and export expansion in order to deflate the real estate bubble…
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Stablecoins—cryptocurrencies pegged to fiat currencies—are fast becoming a cornerstone of cross-border payments. Offering near-instant settlement, minimal transaction costs, and programmable features, they present a compelling alternative to traditional systems like SWIFT. Unlike legacy networks, stablecoins operate without intermediaries, relying only…
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Beijing appears to be recalibrating its economic priorities as President Xi Jinping convened a high-profile symposium on the private sector on 17 February. The meeting, held in the Chinese capital, brought together top executives from some of the country’s largest…
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Microsoft’s $80 Billion Bet on AI Infrastructure Microsoft has announced an $80 billion investment in fiscal 2025 to expand its data center capacity for artificial intelligence (AI) training and deployment. In a 3 January 2025 blog post, Microsoft disclosed that…
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China, a global economic powerhouse, has recently unveiled significant reforms in its financial regulatory landscape, setting the stage for a massive expansion in its government bond market. The establishment of the Central Financial Commission, Central Financial Work Commission, and the…
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At the moment, the greatest black swan for the global economy and Wall Street is Taiwan.
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On Thursday, the 15th of October 2020, China’s finance ministry sold US dollar debt directly to US buyers for the first time…
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How China should use its 4 trillion U.S. dollars of foreign exchange reserves
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The challenges and opportunities for China in light of zero/negative interest rates and liquidity release in the US and Europe
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