currency wars

RMB internationalization and the BRI: reality or fantasy?

The world’s largest trading nation and second largest economy, China, and its monetary and macroeconomic policy, has rightfully commanded a growing amount of attention over the past couple of decades. In line with this trend, there has been a great deal of scholarship focusing on Chinese attempts to internationalize [...]

Global Spectator, by Andrés Ortega The world trembled with China

“When China wakes, the world will tremble”. Napoleon, in one of the variants of the famous quote attributed to him while in exile on St. Helena in 1816, recommended to “let her sleep”. But China has since awakened, or re-awakened, because this is merely the return to a state [...]

Contacto | Aviso legal y política de privacidad

2012-2020, Real Instituto Elcano - Elcano Royal Institute | Príncipe de Vergara, 51. 28006 Madrid (España - Spain) | Creative Commons BY-NC-ND 3.0