Earthquakes, powerful storms, tsunamis and other disasters have powerful immediate impacts, but they also do long-term damage that often gets overlooked.
Blog posts on "China"
The PRC may be a globally significant economic and trading power, but the market share of its currency, the renminbi (RMB), lags well behind the US dollar and the euro.
To align the RMB with its growing global stature, the PRC has embarked on a strategy to internationalize the currency. Typically, it is taking a gradual approach.