China - China Econ Group

CCP Partners With Bank for International Settlements to Displace the Dollar

By Antonio Graceffo August 15, 2022China

With yuan liquidity pool, CCP noose tightens around global financial system Commentary “We will cultivate a trading center and pricing mechanism that puts China first (以我为主) and actively promote settlement in…

Taiwan Loves U.S.

By Antonio Graceffo August 2, 2022Blog

Tens of thousands of Taiwanese are lining the streets, welcoming Speaker Pelosi. Taipei 101, one of the largest buildings in the world, is displaying the message "Taiwan loves US."So far,…

The Importance of Pelosi’s Visit to Taiwan

By Antonio Graceffo August 2, 2022Blog

I am praying that Speaker Pelosi lands in Taiwan, in defiance of threats from Beijing. China has no hand to play. They cannot ford, nor can they win, a war…

U.S. Right Not to Join RCEP

By Antonio Graceffo August 2, 2022Blog

"‘Not a game changer’: how massive RCEP deal has left trade barriers in place" (SCMP) I agreed with Trump that the U.S. should not join RCEP. There was no benefit…

Russian Default and Taiwan

By Antonio Graceffo June 27, 2022Blog

Russia defaulted on $100 million in interest payments, its first default since 1918. I can’t believe there are news media trying to convince you that the sanctions are having no…

China-Led BRICS Alternative Cannot Replace the Dollar

By Antonio Graceffo June 26, 2022Blog

China and Russia want to either use BRICS currencies to settle international trade or use a basket of BRICS currencies. Both plans are preposterous, because the Brazilian real, Russian ruble,…

Misunderstanding Inflation

By Antonio Graceffo June 21, 2022Blog

"Yellen says gasoline tax holiday worth considering as anti-inflation tool" (Reuters) This administration seems not to understand what inflation is. Inflation is a general increase in prices, caused by an…

Currency and Oil Price, a Double Whammy

By Antonio Graceffo June 14, 2022Blog

By Antonio Graceffo, PhD. The Financial Times reported that “Italian and Greek borrowing costs jump on eurozone rate fears". These countries not only have high debt, but because they are…

Supply and Demand in the Labor Market

By Antonio Graceffo June 12, 2022Blog

by Antonio Graceffo, PhD. at China Econ Group Globalists will argue against these two laws of economics: Increasing the minimum wage will cause unemployment and increasing the labor supply by…

Globalization Lower Wages

By Antonio Graceffo June 11, 2022Blog

Regardless of what the globalists claim, everyone does not win with globalization. “China's GDP growth rate dropped from over 10.6% in 2010 to 6% in 2019.6 The drop in growth…