It is tempting to give America’s Federal Reserve great credit for its recent about-face in tackling inflation.  Three consecutive rate hikes of 75 bps in the federal funds rate (FFR) represent the sharpest increase in the benchmark policy rate over a four-month time...

Taking its cue from Nancy Pelosi’s early August visit to Taiwan, the US Congress continues to lead America’s squeeze play on China.  At the same time, the Biden Administration is not too far behind in continuing to pressure China.  The combination of these two...

With the Chinese renminbi (RMB) approaching the seemingly key threshold of “7” relative to the US dollar, rumor-driven foreign exchange markets are on edge. Those fears are overblown for three key reasons: First, RMB management is the least of China’s current...

The August 26 preliminary agreement between China’s CSRC (China Securities Regulatory Commission) and America’s PCAOB (Public Company Accounting Oversight Board) on cross-border audit inspections is welcome and encouraging news.  The well-telegraphed agreement was...