The exploitation of new methodologies and indicators is considered valuable in measuring a key macroeconomic indicator like the external debt. The recent Portuguese economic developments illustrate the need and useful...The exploitation of new methodologies and indicators is considered valuable in measuring a key macroeconomic indicator like the external debt. The recent Portuguese economic developments illustrate the need and usefulness of having a multidimensional approach of this indicator, with several balance of payment items, such as the current and the capital account balances, the foreign direct investment or the reserves assets being carefully analysed when reading the external conditions faced by the economy. Only such an approach can provide with a comprehensive measure of external debt consistent across the range of debt instruments, institutional sectors and valuation methods used. This paper develops an assessment of external debt measures and concludes about their potential advantages and disadvantages. Comparisons are made by focusing on alternatives like gross external debt against net external debt, external debt vis-h-vis international investment position, and external debt at nominal value against external debt at market value.展开更多
AT the International Supercomputing Conference held in Frankfurt,Germany on June20,2016,the TOP500.org published the latest supercomputer rank ings.China’s Sunway Taihu Light took pole position.This is the seventh ti...AT the International Supercomputing Conference held in Frankfurt,Germany on June20,2016,the TOP500.org published the latest supercomputer rank ings.China’s Sunway Taihu Light took pole position.This is the seventh time in a row that China’s supercomputers have topped the Top500 rankings,published biannually since 1993.展开更多
Chinese Banks to Issue Large-denomination Certificates of Deposit The People’s Bank of China,the country’s central bank,issued a provisional regulation on June 2 that allows financial institutions to issue large-den...Chinese Banks to Issue Large-denomination Certificates of Deposit The People’s Bank of China,the country’s central bank,issued a provisional regulation on June 2 that allows financial institutions to issue large-denomination certificates of deposit(CD),giving banks more freedom in pricing interest rates.Individual investors can buy certificates of deposit worth at least RMB 300,000 and institutional investors at least RMB 10 million’s worth.展开更多
During the 13th Five-Year Plan(2016-20)period,China must improve the efficiency of the financial sector in serving the real economy.Following this principle,five major tasks should be undertaken,which include improvin...During the 13th Five-Year Plan(2016-20)period,China must improve the efficiency of the financial sector in serving the real economy.Following this principle,five major tasks should be undertaken,which include improving the financial environment to achieve higher efficiency in resource allocation,supporting innovation and business startups,facilitating the role of investment in stimulating growth,and developing a system of diversified financial institutions.展开更多
WTO Ruling The World Trade Organization(WTO)on January 19 confirmed its ruling that the EU’s imposition of antidumping measures on certain iron or steel fasteners from China was illicit,ending a seven-year legal batt...WTO Ruling The World Trade Organization(WTO)on January 19 confirmed its ruling that the EU’s imposition of antidumping measures on certain iron or steel fasteners from China was illicit,ending a seven-year legal battle which saw Chinese exports of screws,nuts and bolts to the EU plummet Following the imposition of EU duties on the Chinese imports。展开更多
In his government work report,Premier Li Keqiang vowed to deepen the reform of the financial sector in 2016.It includes efforts to improve the financial regulatory system,further liberalize interest rates and improve ...In his government work report,Premier Li Keqiang vowed to deepen the reform of the financial sector in 2016.It includes efforts to improve the financial regulatory system,further liberalize interest rates and improve the market-based mechanism for setting the yuan exchange rate.展开更多
QFII Rules Loosened China has further loosened controls over the investment of Qualified Foreign Institutional Investors（QFII）to increase the opening up of the domestic capital market.China relaxed investment quotas...QFII Rules Loosened China has further loosened controls over the investment of Qualified Foreign Institutional Investors（QFII）to increase the opening up of the domestic capital market.China relaxed investment quotas for single institutions under QFII programs and allowed for more convenient capital flows,according to a new policy released by the State展开更多
文摘The exploitation of new methodologies and indicators is considered valuable in measuring a key macroeconomic indicator like the external debt. The recent Portuguese economic developments illustrate the need and usefulness of having a multidimensional approach of this indicator, with several balance of payment items, such as the current and the capital account balances, the foreign direct investment or the reserves assets being carefully analysed when reading the external conditions faced by the economy. Only such an approach can provide with a comprehensive measure of external debt consistent across the range of debt instruments, institutional sectors and valuation methods used. This paper develops an assessment of external debt measures and concludes about their potential advantages and disadvantages. Comparisons are made by focusing on alternatives like gross external debt against net external debt, external debt vis-h-vis international investment position, and external debt at nominal value against external debt at market value.
文摘AT the International Supercomputing Conference held in Frankfurt,Germany on June20,2016,the TOP500.org published the latest supercomputer rank ings.China’s Sunway Taihu Light took pole position.This is the seventh time in a row that China’s supercomputers have topped the Top500 rankings,published biannually since 1993.
文摘Chinese Banks to Issue Large-denomination Certificates of Deposit The People’s Bank of China,the country’s central bank,issued a provisional regulation on June 2 that allows financial institutions to issue large-denomination certificates of deposit(CD),giving banks more freedom in pricing interest rates.Individual investors can buy certificates of deposit worth at least RMB 300,000 and institutional investors at least RMB 10 million’s worth.
文摘During the 13th Five-Year Plan(2016-20)period,China must improve the efficiency of the financial sector in serving the real economy.Following this principle,five major tasks should be undertaken,which include improving the financial environment to achieve higher efficiency in resource allocation,supporting innovation and business startups,facilitating the role of investment in stimulating growth,and developing a system of diversified financial institutions.
文摘WTO Ruling The World Trade Organization(WTO)on January 19 confirmed its ruling that the EU’s imposition of antidumping measures on certain iron or steel fasteners from China was illicit,ending a seven-year legal battle which saw Chinese exports of screws,nuts and bolts to the EU plummet Following the imposition of EU duties on the Chinese imports。
文摘In his government work report,Premier Li Keqiang vowed to deepen the reform of the financial sector in 2016.It includes efforts to improve the financial regulatory system,further liberalize interest rates and improve the market-based mechanism for setting the yuan exchange rate.
文摘QFII Rules Loosened China has further loosened controls over the investment of Qualified Foreign Institutional Investors（QFII）to increase the opening up of the domestic capital market.China relaxed investment quotas for single institutions under QFII programs and allowed for more convenient capital flows,according to a new policy released by the State
