Friday 30 October 2015

Thursday 29 October 2015

Indonesia calls for US-China to ‘restrain themselves’, lashes US ‘power projection’ after Spratly sail-by

The Indonesian government expressed disapproval Wednesday over a “power projection” exercise conducted by the United States which saw a Navy destroyer enter what Beijing claims to be its territorial waters around artificial islands in the South China Sea.

Wednesday 28 October 2015

Sunday 25 October 2015

China’s new payments system points way to de-dollarised world

The mainland recently launched the China International Payments System (“CIPS”), enlisting an initial group of 19 domestic and international banks. As a cross-border yuan payments system it represents a major step in Beijing’s ambition to increase the distribution and improve the efficiency and international popularity of its currency. But, it is more than a payment transaction regime.