Introduction The stimulus package for the Chinese economy, presaged by the People’s Bank of China in late September, has disappointed in its size and detail, but it has achieved something…
China
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China’s loosening of monetary policy is so small it could be missed but it both apes the mistakes of other central banks, and breaks the global agreements it has made with them
by
Bob Lyddon
Introduction In September, the Chinese authorities announced a package of measures to stop the fall in real estate prices, encourage investment in assets other than real estate, and bolster share…
While campaigning in Flint (MI), former President Donald Trump was asked how he would tackle rising food prices. In response, he suggested that import tariffs would do the job, and…
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Economic indicators are confused – but a ‘soft landing’ looks less likely than a few months ago
by
Bob Lyddon
Introduction Governments and central banks have pinned a lot of their credibility on returning the world economy, after the Pandemic and the inflation shock, to an orderly picture of inflation…
Introduction Financial regulators and governments have made much of their success in restoring the global financial system to a state of stability after the Global Financial Crisis and the Eurozone…
On 25 April 2023, the European Parliament passed the Net-Zero Industry Act (NZIA) as a significant component of the Green Deal Industrial Plan, with 361 votes in favor, 121 against,…
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Winding-up order issued against Evergrande – what does this mean for the Chinese authorities?
by
Bob Lyddon
Introduction On January 29th 2024 international creditors gained a winding-up order against China Evergrande Group (‘Evergrande’) in the Hong Kong courts.1 This is a test case for the rights and…
Last October, US Secretary of State Anthony Blinken declared: “We are at an inflection point. The post-Cold War world has come to an end, and there is an intense competition underway…