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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.
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