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Bank of China

China: The Global Superpower

By Kester Kenn Klomegah Despite its large population of 1.5 billion which many have considered as an impediment, China’s domestic economic reforms and collaborative strategic diplomacy with external countries have made it attain superpower status over the United States. While…

Weaker RMB amid U.S. tariff, monetary policies: experts

“The falling of the renminbi is not a kind of policy response to the trade war, but it will really affect the result of the trade war. I think this is largely because of the appreciation of the U.S. dollar.…