ChinaFile Recommends
07.03.18China’s Massive ‘Belt and Road’ Spending Spree Has Caused Concern around the World, and Now It's China’s Turn to Worry
Business Insider
Since announcing its Belt and Road Initiative five years ago, China has spread billions of dollars around Asia, Africa, and Eastern Europe, supporting a variety of infrastructure projects and stoking concern about Beijing's growing global sway.
ChinaFile Recommends
09.06.17Chinese Premier to Discuss Economy with Int'l Institution Chiefs
Xinhua
Chinese Premier Li Keqiang will hold a roundtable meeting with leaders of six major international economic and financial institutions in Beijing next Tuesday, Foreign Ministry spokesperson Geng Shuang said on Wednesday.
ChinaFile Recommends
06.28.17China's Massive Corporate Crackdown Aimed at Curbing Outflows: IMF's Former China Chief Prasad
CNBC
China is sending a "remarkably strong signal" about stemming capital outflows by going after big companies.
The China Africa Project
04.14.17
China Conducts Foreign Policy in Africa without Judgment
In this edition of the China in Africa podcast, we pull the focus back to look at China’s rapidly evolving foreign policy agenda in this new era of Western populism led by Donald Trump in the United States.François Godement, Director of the Asia and...
The China Africa Project
11.02.16
Chinese-IMF Rivalry Worsened Congo’s Debt Load
In 2007, when China’s Exim Bank unveiled a massive U.S.$6 billion mining deal in the Democratic Republic of the Congo (DRC), it rocked the normally-staid world of international development finance. The agreement, known as Sicomines, was among the...
Caixin Media
10.24.16
The Yuan’s Internationalization is Just Beginning
The official acceptance of the yuan (or renminbi) into the International Monetary Fund’s elite currency club on October 1 marked a milestone in the Chinese government’s campaign to boost the yuan’s international appeal.Inclusion of the yuan in the...
ChinaFile Recommends
10.10.16China Intensifies Push to Cut Debt With Multi-Agency Blitz
Bloomberg
IMF has flagged the potential threat from China's growing debt pile; State Council issues guidelines on swapping bad debt to equity
ChinaFile Recommends
10.03.16China Marks Milestone With Yuan’s Entry Into IMF Reserve Basket
Wall Street Journal
Move confers a measure of legitimacy after Beijiing’s yearslong effort to internationalize its currency; remains far from countering dollar’s status
Media
08.25.16
China Analysts Should Talk to Each Other, Not at Each Other
On August 12, the International Monetary Fund (IMF) issued its annual report card on China’s economy and gave the country mixed grades, finding that its “economic transition will continue to be complex, challenging, and potentially bumpy.” In...
Conversation
12.03.15
Does the Renminbi’s Elevation to Global Currency Matter?
On November 30, the International Monetary Fund approved the Chinese renminbi, also known as the yuan, as one of the world’s leading currencies, underscoring the country’s rising global financial importance. What’s behind the decision and what...
ChinaFile Recommends
12.02.15ChinaFile Recommends
11.30.15China’s Renminbi Is Approved as a Main World Currency
New York Times
The I.M.F. decision will help pave the way for broader use of the renminbi in trade and finance, securing China’s standing as a global economic power.
ChinaFile Recommends
11.16.15Will The IMF Grant China's Currency Global Reserve Status?
Forbes
The market doubts it, but it is possible that the Chinese currency, the renmimbi (RMB), may become part of the International Monetary Fund’s special drawing rights.
ChinaFile Recommends
09.09.15One Thing China Got Right
Bloomberg
Stocks plunged, monetary policy wavered, but Beijing finally fixed the "fixing."
The NYRB China Archive
06.25.15
A Partnership with China to Avoid World War
from New York Review of Books
International cooperation is in decline both in the political and financial spheres. The U.N. has failed to address any of the major conflicts since the end of the cold war; the 2009 Copenhagen Climate Change Conference left a sour aftertaste; the...
ChinaFile Recommends
06.05.15ChinaFile Recommends
03.30.15How China Plans to Shape New Asian Order
Wall Street Journal
At the center of these efforts is the new Asian Infrastructure Investment Bank and plans for pan-Asian infrastructure .
ChinaFile Recommends
03.26.15South Korea Says It Will Join China-Led Asia Infrastructure Investment Bank
Wall Street Journal
Seoul makes assurances about AIIB’s governance, which U.S. has been wary about.
ChinaFile Recommends
03.26.15US Risks Epic Blunder by Treating China as an Economic Enemy
Telegraph
The United States has handled its economic diplomacy with shocking myopia.
ChinaFile Recommends
01.30.15China and the World: Yuan for All
Economist
The yuan is not yet fully convertible and will not be for several years, which limits China's influence.
The China Africa Project
12.06.14
The BRICS Bank: China’s Drive to Shake Up Development Finance
Brazil, Russia, India, China and South Africa (aka the ‘BRICS’) are moving forward with an ambitious plan to shake up the clubby world of development finance. The new BRICS bank announced over the summer 2014 is expected to have a profound impact on...
ChinaFile Recommends
10.14.14All Eyes Will Be On China This Week
Business Insider
China's economy, the second largest in the world, gets a spot check this week with a barrage of data due that should indicate how successful Beijing has been in supporting growth.
ChinaFile Recommends
10.08.14China’s Economy Just Overtook The U.S. In One Key Measure
Huffington Post
Here's another way of looking at it -- China's share of the global economy is now slightly bigger than America's, at 16.5 percent to 16.3 percent.
ChinaFile Recommends
10.15.13U.S. Fiscal Failure Warrants a De-Americanized World
Xinhua
A recent op-ed piece published on Xinhua challenges America’s placement at the center of global matters, suggesting reforms in the world’s international economic and political organizations so that it may avoid America’s negative influences.
ChinaFile Recommends
09.11.13China Says Military Strike Against Syria Would Hurt Global Economy
Los Angeles Times
Vice Minister of Finance Zhu Guangyao said estimates from the International Monetary Fund indicate that a military strike would lead to a $10 jump in the price of a barrel of oil, which in turn would cut global economic growth by 0...
ChinaFile Recommends
07.18.13I.M.F. Says China Needs Reform to Keep Growth Success
Reuters
China needs another round of “decisive measures” to make sure it continues its successful economic growth as its margins of safety are falling amid growing domestic problems, the International Monetary Fund said in its latest report.