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September 11, 2006

China
The Wall Street Journal (finally) takes note: Europe, not the US, explains the recent surge in China’s exports

I was tempted to title this blog “$18.8 billion more reasons for Tyler Cowen, Dan Drezner, Greg Mankiw and a host of others to think the RMB isn’t really undervalued.”  But that would be a bit…

July 12, 2022

Digital and Cyberspace Policy Program
CFR Task Force Calls for a New Foreign Policy for a More Dangerous Cyberspace

“The era of the global internet is over,” declares a new Council on Foreign Relations-sponsored Independent Task Force report. “A free, global, and open internet was a worthy aspiration that helped g…

October 2, 2008

Financial Markets
Systemic crises

A systemic financial crisis is one that affects the "system" -- not a single institution. In my view, the US -- and perhaps the US and Europe -- are now facing one. Systemic crises aren’t new. …

October 27, 2004

Financial Markets
Morgan Stanley: China does not rely much on export led growth

Sometimes you read something and it makes you stop, because it is at odds with your existing sense of how the world economy is working. Drossos and Kinbrough’s argument that China does not rely on a…

July 11, 2005

China
China posts a $9.7 (call it 10) billion trade surplus in June

The $10 billion monthly surplus in June puts China on track for an annual trade surplus of $100 billion or more.The data brought China’s trade surplus for the first half of the year to $39.65bn, alre…