Unless the CCP embraces capitalist innovation and public accountability, which is unlikely, China's local debt could cause the central bank to collapse by 2030.
Xi's economic policy is at a dead end as China sinks under deflationary pressure. But it won't regain foreign capital unless Xi mends relations with the...
Both overseas and domestic investors fear a weakened Chinese currency against the US dollar and diminishing returns on investments in Chinese markets.
China would have us believe that it can print yuan and continue its rapid economic growth led by real estate, but the bubble has burst and...
At the outset of an annual session of the National People’s Congress (NPC) on March 5, China’s dummy legislature controlled by the Communist Party, Premier...
By Hideo Tamura Ten years have passed since the spectacular Lehman Shock sent shivers throughout the world. Caused by financial services firm Lehman...
By Hideo Tamura The United States-China trade war holds something in common with the American film Jurassic Park. The United States, which...
Cryptocurrency is often criticized as camouflage for terrorist funding or a financial bubble waiting to burst. But these criticisms mask its true nature, which is...