Hong Kong’s dollar stress gets more fundamental
Hong Kong’s currency peg to the greenback is stuck between a rock and a hard place. The wide yield spread between US government debt and the Asian hub’s equivalent has forced the monetary...
Shanghai deflates the Chinese Dream
In China, the Shanghainese are known for three things: their sweet cuisine, their love of shopping, and their sense of superiority over fellow countrymen. So some Chinese people might be quietly...