Former IMF Chief Economist Says China’s Currency Is Overvalued
While many economists criticize China’s long-term suppression of the RMB exchange rate and call for further appreciation, former International Monetary Fund (IMF) chief economist Kenneth Rogoff stands out, stating that the RMB is overvalued. “If China were to
Had news of the 2022 signing of a defence pact between the Solomon Islands and Beijing not been leaked, there would now be Chinese People’s Liberation Army (PLA) troops on the streets of Honiara, off the coast of Australia, says one security analyst.
In the days leading up to International Human Rights Day on Dec. 10, new crackdowns across China have drawn renewed scrutiny from international organizations. Recent reports show shrinking space for civil society, arbitrary detentions, and opaque legal procedures
News Analysis As wars in Ukraine and Gaza drive demand for weapons, most of the world’s largest arms companies are selling more than ever, while China’s arms giants are seeing their sales shrink. Revenues for the top 100 arms producers rose by 5.9