Tag Archives: China

Third Time Unlucky or The New Sino-American Symbiosis

Posted on September 18, 2015 by macrohart

The global economy is facing its third deflationary shock in succession. After the US economy and the Eurozone, China is the epicenter of the latest crisis. The erstwhile Sino-American Symbiosis resurfaces in a new, more nefarious form. The causation runs … Continue reading →

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China’s FX Rate: Strategy & Opportunism

Posted on August 17, 2015 by macrohart

China’s latest FX adjustment is neither a “competitive devaluation” nor the opening shot in a “currency war”. Given the negative contribution of net exports to growth as of late, it is also unrelated to efforts to boost growth. Instead, the … Continue reading →

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Currency Implications of a China Slowdown

Posted on May 14, 2012 by macrohart

Risk sentiment and commodity prices bode ill for AUD in the event of a Chinese slowdown. Effects on other G10 currencies are more ambiguous: A reduction in global liquidity and redressing of global imbalances will likely be positive for USD, … Continue reading →

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