What depreciation? A bit against the dollar, but we shouldn’t be so parochial as to think we’re China’s only trading partner! Over the past two years the dollar has appreciated against the currencies of many of China’s other major trading partners (Europe, Korea, Japan, Brazil….) so the net effect is NO depreciation. Data through January 2016.
Here are the directions, address and phone number for Canton. Click to enlarge.
Winter 2016 Texts Hessler, Peter. Country Driving. HarperCollins, 2010. ISBN 9780061804090 Li, Huaiyin. Village China. Stanford, 2009. ISBN 9780804776578 Miller, Tom. China’s Urban Billion: The Story Behind the Greatest Migration in Human History. Zed Books 2012. ISBN 9-781180-321417 Wallace, Jeremy. Cities and Stability: Urbanization, Redistribution, and Regime Survival in China. Oxford University Press, 2014. ISBN:… Continue reading Winter 2016 Texts
As per class, a “yawn” [or is that “yuan”?] for the RMB entering the pantheon of currencies in the IMF’s basket
VoxEU on Chinese Pollution – nice, short item with a graph of official data vs US Embassy data.
Each post has substantive comments including by the prof – if you’re a visitor, click on a post title to read! Links of the week Chinese inflation measures blog on Nakamura et al paper. On spillovers see Emerging Market vulnerability to China from the FT. Then there’s a new study How China kept growing during… Continue reading