Posts by Stephen Jen
A Dollar Avalanche Building in China
Chinese corporates continue to hoard dollars.
Read MoreThe Problem is Debt, Not the Debt Ceiling
The looming risk of the debt ceiling triggering a default by the US is the urgent matter concerning investors.
Read MoreEurope to Stay on the Fence on China
The structural competition between the US and China could intensify further.
Read MoreChina and the De Facto Asian Economic Union
The global economy is approaching a major watershed: for the first time in modern history, the three economic blocs – the US, Europe, and Asia…
Read MoreRMB Bonds: Indispensable, Not Uninvestible
In the past year, the question of whether RMB assets are investible for global investors has come up frequently.
Read MoreEurope’s Gas Strategy: So Far So Good
A year ago, Russia’s gas embargo seemed like an insurmountable challenge for Europe.
Read MoreFalling Inflation to Bring Down the Dollar in 2023
We expect US inflation to continue to decline at roughly the same pace as it rose in 2021 and the first half of 2022…
Read MoreOn the Prospective Manufacturing Divestment from China
What are the implications of the world divesting from China’s manufacturing sector?
Read MoreSome thoughts on the 20th National Party Congress
The 20th CCP Congress had a shocking conclusion, but what does it mean for Chinese assets?
Read MoreChina’s Fictional Growth
Extract from our “China’s Fictional Growth” research paper, published 22nd November 2021…
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