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Inflation Tests the Biden Administration

The US consumer price index rose 8.6% in May, and the Fed raised its benchmark interest rate by 0.75% on June 15, the largest rate increase since 1994, reaching 1.50%-1.75%. Stock and bond markets experienced strong volatility. The Dow Jones Industrial Average fell below 30,000, and price indices rose 9.1% in June, but on July 13, the Dow Jones fel...

Reduce Anxiety About Homebuying by Realizing the Right to Live

A stable dwelling is both a demand and a necessity. Individuals must have access to shelter before the group can survive and prosper. The main function of housing should be living, not speculation. When real estate is no longer held for the purpose of living, and corporations trade property, the transactional and speculative functions of housing gr...

Will China get a tariff reprieve from Joe Biden?

It depends largely on Biden’s domestic political considerations The tariffs that former U.S. President Donald Trump imposed on China have been a geoeconomic game changer. First, the punitive duties of up to 25% on Chinese goods valued at some $370 billion signified a new and more assertive U.S. approach to trade with the world’s secon...

Narrowing the Chasm Between Study and Practice

After 10 years of discussions and preparations, the first batch of high school students on the 2019 curriculum has finally completed their college entrance exams and started university life. This class has spent a lot of effort on its learning journey. Will they be able to truly implement its vision of “success for every child” after co...

Shinzo Abe had a metamorphic effect on Japan-Taiwan relations

The late Japanese prime minister transformed bilateral ties for the better, helping the two nations gradually loosen the constraints of Japan’s once-hidebound one-China policy In July, Taiwanese Vice President William Lai visited Japan to pay respects to erstwhile Japanese Prime Minister Shinzo Abe. Though Lai’s trip was private, it w...

Outflows from China’s bond market driven by the FED, Ukraine and COVID

Since the pandemic, China has experienced a rapid increase in the trade surplus and foreign investment, bringing its net forex receipts to a record high of $356 billion in 2021. However, the trend ended in February 2022, which is the first net outflow after 22 months of inflow. Analyzing China's current and financial accounts, conclusions can be dr...
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