Radical, International and Historical

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Archive of posts published in the category: China
Feb
26

What is CFIUS?

Comes now, the news that Tsinghua, a Chinese tech company, has abandoned its $3.8 billion plan to become the largest shareholder in the U.S. data storage group, Western Digital.[1] Two months into 2016, this marks already the second time this year that a…

Oct
19

China SWIFTly away from global banking system

China has launched its China International Payment System (CIPS), which is intended eventually to provide cross-border transactions denominated in its own currency, the Yuan or Renmimbi.[1] Why couldn’t China, and international Renmimbi users, simply rely on the already existing and well-established telecommunication system…