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How Fed rate hikes will wean Asian economies off China
News, William Pesek, Published on 15/09/2015
» In 2008, Asian economies had good reason to race to decouple from the struggling West. The collapse of Lehman Brothers and subsequent contagion sent export-dependent countries in search of a more reliable customer. Not surprisingly, they latched onto China.
China's yuan devaluation deserves praise
News, William Pesek, Published on 13/08/2015
» China's surprise devaluation is sure to stir up fear and loathing among the world's economic populists. (Keep your eyes on Donald Trump's Twitter account.) But the move deserves praise, not condemnation. It might even prove a boon for world growth.