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A reality check for the renminbi

NEW YORK โ€” After years of speculation and false starts, it seems that the internationalisation of the renminbi is well underway. On March 29, China and Brazil announced plans to trade using their own currencies, rather than the US dollar. The day before, the China National Offshore Oil Corporation and Franceโ€™s TotalEnergies completed their first-ever renminbi-denominated
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Life, liberty and lost output

NEW YORKย  โ€”ย  The anti-quarantine protests that erupted across China last month highlight the gulf between the Chinese people and Communist Party leaders regarding the necessity of the strict zero-COVID policy. Given the obvious disconnect, it is worth examining how and why the authorities and the public have grown so far apart in their assessment of the policyโ€™s costs and
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