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renminbi
In the last forty years, China has achieved an unprecedented economic and social success. This success is based on 5 main pillars that we, in Italy and Europe, should study well to understand the challenges and opportunities that China presents to us. The 5 pillars are: Control of tariffs Control of migration Control of demography...
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China’s massive, continent spanning OBOR project is attracting increasing support from Asian governments, including many that have long had poor relations with China.  This development has to be understood in terms of the regions’ enormous infrastructure deficit, the lack of alternative funding, and the changing reality of Asian geopolitics and economic relations.   China has become the principal...
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On 22 June 2013 the Bank of England concluded a Rmb200bn. (US$32.6bn.) currency swap agreement with the Peoples Bank of China in order ‘to promote bilateral trade between the two countries and to support domestic financial stability should market conditions warrant’ (Bank of England 2013; Noble 2013). This is the first such agreement with a...
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Given the dimensions of the human tragedy that has unfolded in Japan since the earthquake struck on 11 March 2011, it is not surprising that the possible consequences for the rest of East and South East Asia have received comparatively little attention. Most commentators have followed the World Bank and the Asian Development Bank in...
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In his recent visit to the US, China’s President Hu Jintao was treated to an extravagant state banquet at the White House, an honour usually reserved for America’s closest friends and strategic partners and something denied to him in 2006. And the overall tone adopted by the leaders of the world’s two preeminent economic powers...
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In the wake of the global financial crisis a new international order is coming to the fore, writes Chris Luenen. What we are witnessing today are the birth pangs of a world of three regional monetary and trading blocs. The realisation is slowly setting in that once the global crisis has abated, globalisation, as we...
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The Global Policy Institute is a research institute on international affairs. It is based in the City of London, and draws on both a rich pool of international thinkers, academics as well as policy and business professionals. The Institute gives non-partisan guidance to policymakers and decision takers in business, government, and NGOs.

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