Why Beijing May Favor a “Slow and Steady” Rise For its Currency

A clerk counts bills at a bank in Nantong, Jiangsu, China. *Credit: IC Photo via Depositphotos*

China’s manufacturing and export success is provoking growing anxiety among its trading partners. Amid the largest trade surplus in world history �

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Why Beijing May Favor a “Slow and Steady” Rise For its Currency

Goldman Sachs economists argue that by allowing the renminbi to appreciate by 3-5 percent a year, Beijing can reconcile seemingly contradictory policy goals.

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By Savannah Billman

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Robert D. Kaplan on the China Whisperers Who Shaped How the U.S. Views Its Main Rival
By Brent Crane

Short Dramas are Big Business in China
By Savannah Billman