Search, personalize, or simply browse. Follow the world around you from gist and context to insights.
Who we are | Our Credo | Ways of using Lyrarc | FAQ | Send Feedback | First Letter From the Editor
Sign up. It's free and easy to use
Create an account
to personalize your feed of articles and topics.
Keywords:
Tags: China,
A recent IMF study points out that China's $3 trillion foreign exchange reserves are twice what China needs for traditional purposes such as supporting the economy in a financial crisis. According to China's central bank governor these reserves are making it difficult to control inflation. Experts also say this makes little sense for a developing country with low percapita incomes. Most of this money is invested in U.S. Treasury securities and is not put to productive uses.
Grouped Articles
China’s Economic Problems Unlike Those Elsewhere
New York Times 05/28/2013
China Keeps On Gobbling Up Treasurys
Wall Street Journal 07/16/2013
China Inflation Rises to a 19-Month High
New York Times 06/11/2010
A Top Manager Resigns from Foreign Exchange Agency
New York Times 01/28/2014
Wall Street Journal 08/25/2015
China’s Forex Reserves Fall by Record $93.9 Billion on Yuan Intervention
Wall Street Journal 09/08/2015
SAFE, or State Administration of Foreign Exchange, is a division of China's central bank.
Grouped Articles
China's Zhu Changhong Helps Steer Nation's Currency Reserves
Wall Street Journal 07/16/2013
China Keeps On Gobbling Up Treasurys
Wall Street Journal 07/16/2013
A Top Manager Resigns from Foreign Exchange Agency
New York Times 01/28/2014
Wall Street Journal 08/25/2015
Pressure Grows on China to Spur Domestic Consumption
Wall Street Journal 08/07/2011
China's Forex Reserves Decline
Wall Street Journal 01/14/2012
The failure of the establishment of both parties in the USA to take action in the face of the loss of 5.6 million jobs in the last decade, with $4.3 trillion in trade imbalances. An issue which resonates with voters in the US and could lead to a fundamental realignent of American attitudes to globalization and free trade. The feeling that the free-trade deck is stacked against the USA by Asian countries. China's efforts to keep the yuan dollar exchange rate at levels that favor exports. China's accumulation of over $3 trillion in dollar reserves that are parked mostly in Treasury's that keep U.S. interests low. Distortons in the global economy from the failure to rebalance the world economy hurts China and the U.S.
Grouped Articles
Wall Street Journal 10/04/2011
US-China trade relations: Speak less softly, carry a stick
Economist 09/25/2010
New York Times 09/30/2010
Wall Street Journal 10/02/2010
The Engine That Pulled Us Out of Recession
Wall Street Journal 03/19/2015
What’s Our Duty to the People Globalization Leaves Behind?
New York Times 01/26/2016
Investments overseas by Chinese companies and the China Investment Corporation using China's large foreign exchange reserves.
Grouped Articles
Chinese Car Maker's Favorite Passenger: Uncle Sam
Wall Street Journal 04/29/2013
China's Shuanghui to Buy Smithfield Foods
Wall Street Journal 05/29/2013
Morgan Stanley to Help Finance Shuanghui Bid
Wall Street Journal 05/30/2013
The Smithfield Deal: China Bringing Home the American Bacon
Wall Street Journal 05/29/2013
China Brings Home the U.S. Bacon
Wall Street Journal 05/29/2013
Smithfield Deal: Past Chinese Acquisitions Bode Well
Wall Street Journal 05/30/2013
Grouped Articles
Brawny Yuan Stands Apart from the Crowd
Wall Street Journal 12/10/2013
Yuan Faces International Trade Headwinds
Wall Street Journal 03/25/2015
Wall Street Journal 09/01/2015
IMF Lifts Chinese Yuan to Elite Lending-Reserve Currency Status
Wall Street Journal 11/30/2015
China Steps Up, but Its Currency Still Has Dues to Pay
New York Times 12/05/2015
China Stumbles in Yuan Grand Plan
Wall Street Journal 07/15/2011
We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.
Support Lyrarc from as small as $1