American Bradley Krae lives in Shenzhen with his wife and their two children. He considers this choice one of the best decisions of his life. ARTICLE SUMMARY WITH AI Bradley Krae moved to Shenzhen, China in 2016 as professor of English, a decision that changed his life. He traveled extensively to [...]
Amounts of record in yuan have been raised this year by American banks — led by Goldman Sachs — exploiting low interest rates and rapidly increasing demand for offshore Chinese bonds. This trend also strengthens the role of the Chinese currency in the global financial system. The rise in bank lending is part of a wider «wave» bonds issues [...]
The global economic chessboard is rapidly remodeling, with China and the United States increasingly tooling their economic policies. Through aggressive industrial strategies, tariffs, strict sanctions and restrictions on exports of critical raw materials (such as rare earths), the two superpowers protect their interests. At the same time, however, the European Union seems [...]
Loading Text-to-Speech... About four decades ago the five largest economies of the then western world, the US, Japan, Germany, France and the United Kingdom, co-signed to the New York Hotel of the same name his agreement «Plaza». The basic idea was that the dollar was very strong, American exports had become expensive, with [...]
