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Asia Times

Covering geo-political news and current affairs across Asia

Tag: Falling Stocks

Sliding Chinese yuan risks Trump trade war backlash

by William Pesek November 13, 2018February 18, 2020

As the People’s Bank of China mulls fresh rate cuts, officials might want to consider the laws of physics along with supply and demand. Newton’s law tells us that every action has an equal and opposite reaction. The economic equivalent holds that additional PBOC easing risks provoking a similar dynamic from the Trump White House. […]

China’s Minsky moment beckons

by William Pesek August 5, 2018February 18, 2020

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