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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In France, we are delivering speeches and we like writing laws. One of the favorite purposes is the evolution of a key economic activity: energy production and consumption. It is also at the heart of the debate about environment and the threats greenhouse gas emissions are weighting on the planet. But it is also a key sector for the purchasing power and companies results. Every year, British Petroleum publishes a report on world energy production and consumption by sources of energy and by country. That also allows to assess midterm trends since the report provides the last ten years figures ...

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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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