Good friend Ramnarayan in the US has sent several recent articles that appeared in various media sources, on China. Collectively, they do not make us any wiser or better informed about China. At most, we can say that they reflect the world’s anxiety about China’s rise and how it would behave. It does not exclude [...]
It did not strike me but it should have served as a warning sign when I read this 2-pager on Jim O’ Neill in the FT in the flight from Zurich to Dubai on January 16th. The possibility of the magazine cover curse on either Jim O’ Neill or his ‘creation’ – the BRIC acronym [...]
I have a lot of sympathy for what Chinese regulators have done with respect to the sale of derivatives by Western financial institutions to Chinese investors (companies, individuals, funds, etc.). The article makes a veiled reference to the implications that it would have for the internationalisation of the Chinese currency. But, that is best ignored.
The [...]
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