Chi Lo


The digital yuan and its disruptive potential

The digital yuan and its disruptive potential

(ATF) After more than 70 years of dominance, the US dollar-centric global monetary system is under challenge. While the USD is not expected to lose its global currency status any time soon, many countries – mainly but not limited to the developing ones – have started to question the dollar …

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China recovery awakens EM bulls

(ATF) China’s “dual circulation” policy to use its internal growth impetus to drive domestic and regional growth supports the bullish view on Emerging Asian markets in the face of Covid-19. It also argues that 1) domestic demand growth, import substitution and technological self-sufficiency would drive investment decisions and opportunities in …

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China on track for 2.2% growth in 2020

China on track for 2.2% growth in 2020

(ATF) China’s 4.9% year-on-year third quarter 2020 GDP growth was lower than my 5.5% forecast. But the new data (released on 19 October) has not changed my fundamental case and forecast trajectory that China’s recovery started after the growth plunge in the first quarter and the second quarter was a …

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