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A resurgent China should do the hard work now

The government could use this moment of stability to rally people around reforms that tackle structural issues

Eswar Prasad

Crypto is celebrating but Trump’s boosterism could end badly

China’s deflating housing market offers an interesting parallel

25.01.2025 20

Eswar Prasad

The ironies of Trump’s tantrums about the dollar

His policies would cement the US currency’s dominance while undercutting the institutional framework that is its bedrock

Eswar Prasad

The People’s Bank of China has a transparency problem

A central bank communication strategy is vital if it is to achieve its aims

Eswar Prasad