Archive for August 2017
China’s foreign exchange reserves rise for 6th successive month to $3,081 billion
China’s foreign exchange reserves, already the world’s largest, rose to $3,081 billion in July from $3,057 billion in June of 2017. This exceeds the expected rise to $3,070 billion. This is the 6th successive month China’s foreign exchange reserves have risen. The total rise since January 2017 has been $83 billion. This increase, of course, refutes another of the…
Read MoreWhy the US’s 1994 deal with North Korea failed – and what Trump can learn from it
A very interesting and important article by Maria Ryan, Lecturer in American History at the University of Nottingham, has been published by The Conversation on the facts of why the 1994 nuclear deal between North Korea and the US collapsed. It establishes clearly that North Korea delivered its side of the bargain and the…
Read MoreThe East is turning green!
The Financial Times today carries an excellent article ‘The East is Turning Green’ by Helen Wong, chief executive, Greater China, at HSBC. Unfortunately it is behind a paywall but for those without a subscription to the FT some of the data is so important it should be widely available, Those who are able to should…
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