RMB included in the SDR basket

RMB is determined to be a freely usable currency and will be included in the SDR basket as a fifth currency RMBinSDRBasket

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IMF World Economic Outlook (WEO), April 2015

IMF World Economic Outlook (WEO), April 2015.

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Assessing China’s Corporate Sector Vulnerabilities

Assessing China’s Corporate Sector Vulnerabilities.

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Growing (Un)equal: Fiscal Policy and Income Inequality in China and BRIC+

Growing (Un)equal: Fiscal Policy and Income Inequality in China and BRIC+.

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China and the Global Economy: Creating New Ingredients for Growth, by Christine Lagarde, IMF Managing Director

China and the Global Economy: Creating New Ingredients for Growth, by Christine Lagarde, IMF Managing Director.

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IMF Welcomes Beijing’s Efforts to Boost Regional Investment – NYTimes.com

IMF Welcomes Beijing’s Efforts to Boost Regional Investment – NYTimes.com.

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山寨, shānzhài: Mountain Stronghold

Today, the word shanzhai can be used to describe anything that is underground, non-official and inexpensive with acceptable quality. Shanzaiism: a philisophical term denoting a style of innovation with a rural mind-set. Shanzhai (copycat). Shanzhai Ji: Copied Mobile Phone.

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Kaisa Holding – will they pay?

Kaisa Default Fears Hit Property Bonds – WSJ.

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Yuan Forwards Near Three-Week High on China Stimulus Optimism – Bloomberg

Yuan Forwards Near Three-Week High on China Stimulus Optimism – Bloomberg.

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Yuan Snaps Two-Day Decline as Dollar Gauge Retreats From Record – Bloomberg

Yuan Snaps Two-Day Decline as Dollar Gauge Retreats From Record – Bloomberg.

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