De-dollarisation rolls off the tongue easily enough, but its supporters and advocates do not really know that they are playing with fire.
Dollar :-)
De-dollarisation is all the rage, and probably reflects the uncertainty and pessimism arising from volatile economic and geopolitical times. But it is n’t happening as people say
For China, the 2020s will be a difficult decade
China is big and powerful, but its consumption per head is no higher than Peru. A ‘recession with Chinese characteristics’ is not out of the question. China faces its most serious economic challenges since Mao’s death in 1976
The state of the Chinese currency proves money cannot be controlled
First published: The Times, 22/08/2016
Just over a year ago a 3 per cent devaluation of the Chinese yuan against the dollar triggered panic in global markets amid fears about a faltering Chinese economy and an escalating currency war.
Will, or can China put change before control?
First published: 29th January 2016
One of John McDonnell’s economic advisory team,
Will China’s currency crash the global economy?
First published: Prospectmagazine.co.uk, 12/01/2016
As much as $1 trillion has left the country—and the pressure is mounting
It has fallen about 1 per cent since the beginning of the year,