Bail out the euro so Europeans can keep buying stuff? Lock up mineral rights around the world? Spend it on imports? Sock it away under a mattress — or in U.S.

It’s enough to give a financial journalist a case of the bends. In 1997, I covered the collapse of Asia’s emerging economies and the end, it seemed, to the “

BEIJING – Despite shaky economic fundamentals, US government securities are usually regarded as a safe haven. Whenever a crisis erupts, the value of US Treasur

Efforts should be made to establish a supranational currency as part of a new international financial order The start of the G20 meeting in Nanjing on Thursday

Gradual internationalization of renminbi will benefit world's financial markets, but lessons of others should be heeded. G20 seminar on reshaping the global

The question of how to promote the reform has once again become a hot topic among government officials and ordinary people. Today, we must re-examine the term t

The 12th Five Year Plan has rightly focused on transformation of China’s mode of economic development as top priority in the years ahead. However, without further reform of the economic system and government dependence on particular industries and interest groups, it will be very difficult to swing the focus to innovation and insure the long run of sustainable economic development.

Continuous dilution of US dollar debts calls for replacing its dominance with multi-currency monetary order. The US-led Western countries' advocacy of revis

On January 4, the World Bank issued its first round of bonds denominated in China's currency, the yuan or renminbi, worth 500 million yuan ($76 million) wit

As the US mid-term election looms and the effect of the global financial crisis (GFC) lingers, the Currency Reform for Fair Trade Act (HR 2378) is the latest sa