Current transformations of the Chinese economy and the growing implication of its businesses in the world market will necessitate the creation of a high level financial hub where will be processed its transactions with foreign countries. This hub is already found: it will be Shanghai.  Yuan internationalization, launched almost ten years ago, in a general indifference, and even a denial, as in France, is going on and even is accelerating. Monetary bumps occurred last year when China central bank decided to modify its intervention procedures with a certain clumsiness caused by its inexperience, are now part of the past. The ...

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The surprise created by Donald Trump election is as high as the uncertainties of his economic choices. It is not rare that the promises of a candidate during his campaign don’t give an exact view of what he will do, once elected. And us, in France, we are not well placed to give lessons on that matter. The situation is more complicated in the United States because the president needs to have the support of the Congress, for his economic policy, his public finance choices and social reforms. The new president in these matters will be in a much ...

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The entire world, since the beginning of this November month, was turning its eyes at the United States and was wondering about the respective chances of both candidates. No election in the past had attracted such an impact, for two reasons: the result has been undecided until the end, with swings at every incident and the personality of one of the two candidates  fascinates some and scares the others. Nobody can predict the economic consequences of the election of Donald Trump. This uncertainty carries heavy consequences and will last until January when the transfer of power between Barack Obama and ...

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