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AB 2000 studies

Alain Boublil Blog

   

China

Towards a devaluation of the Yuan ?

The Chinese currency has just lost, in less than a month, almost 4% of its value against the dollar and the euro. In a context of high tension between the Unites States and their trade partners, atop of them is China, nothing more was needed to reach to the conclusion that in order to respond to the protectionist policy of the American president, a currency war will be added to the trade war which is threatening. The new governor of the Chinese central bank, Yi Gang, who has succeeded in March to Zhou Xiaochuan, who had chaired the institution for ...

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A strategic trip to China

The trip the French Prime Minister Edouard Philippe will make to China next week carries a much more strategic character than it seems at first sight. It starts in the South, in the city of Shenzhen which was the birthplace of the economic revolution launched by Deng Xiaoping almost forty years ago and where stands one of the few monuments elevated to honor his memory. He will go after to Shanghai, the financial hub of the country and ends in Beijing, due to protocol reasons. The trip comes in a context of a bitter trade crisis with the U.S ...

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The China energy transition

China is today the most important emitter of greenhouse gas but that has not been always the situation. The country over passed the United States only recently. As climate change is linked to the accumulated pollution, the new emitters have considered for a long time that the efforts had to be at first imposed to the countries which were responsible of the past accumulation. That was the China position but it has changed. The support, without any ambiguity, by Beijing to the Paris Agreement, is the proof of it and it is not the reflection of diplomatic or symbolic attitude ...

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