MAS and Singapore monetary policy

I don’t normally link to the Singapore Straits Times, but I thought this explainer was both clear and informative on how the MAS sets Singapore  monetary policy

1. Manage exchange band for $ Singapore

2. Let local banks react to international interest rates

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 … Read more

Will Chinese slump swamp our bit of Asia?

I’ve talked before about the challenge facing the Chinese economy.

Here’s two charts from   that detail the slow down and the impact its having out of the main coastal areas.

Source: Chen Long, “Testing the Reformers Resolve.” GaveKal Research, May 27, 2014

More and more of the world is inextricably linked into China’s success as shown by Export trade as a proportion of world GDP.

and the overall source of China’s imports

Source of Chinese Imports- Maudlin Economics

 

Which shows that more than half of Chinese exports originate in Asia.… Read more