Latest Articles about finance

Beijing Learning Lessons From Russian Response to Financial War

Executive Summary: Beijing has tracked Russia’s response to what it perceives as financial warfare from the United States and its allies and has begun mitigating its vulnerabilities and building an offensive toolkit in response. Chinese experts take confidence from Moscow’s resilience in face of more... MORE

Predicting the Next ‘DeepSeek Event’: Early Indicators of Capability Within the PRC’s AI Ecosystem

Executive Summary: Predicting artificial intelligence (AI) firm DeepSeek’s recent successes within a highly competitive AI ecosystem may have been possible by observing factors such as government recognition, proximity to top-tier national research institutions, and a complex network of corporate affiliates with proven technology expertise. Indicators... MORE

Hong Kong’s Pivotal Role in RMB Internationalization

Executive Summary: The People’s Republic of China (PRC) continues to use Hong Kong to test policies and build support for the internationalization of its currency, the renminbi (RMB). The city is now the world’s largest offshore RMB clearing center. The Cross-border Interbank Payment System (CIPS)... MORE

Stimulus Measures Expose Weakness Since Third Plenum

Executive Summary: Two major developments have followed the Third Plenum in July. First, a series of economic data releases indicated that the plenum had done nothing to improve the country’s short-term outlook. Second, a series of stimulus measures were announced over a two-week period, that... MORE