Under the Cover of “Rationality”

The recent financial loss of China resulted from the depreciation of the dollar provoked nationwide criticism of the government decision making process. People questioned the reasonability of decisions on policy making in terms of buying…

China’s foreign reserves dilemma

BEIJING / WASHINGTON – The agreement reached by US lawmakers to raise the debt ceiling may have eased investor concern, but China, the largest foreign holder of US debt, is still faced with the challenge…