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George Liu
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I am the Chief Financial/Economics Columnist of The Daily Political Review, a Monitored Contributor for FOREXPROS, a Seeking Alpha Certified Contributor, as well as a paid blogger for The Motley Fool Blog Network. I also currently serve on the Board of Directors for Ureka Co. Currently, I am... More
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  • The Results Of Shifts In Yuan Policy 0 comments
    Sep 1, 2012 10:07 PM | about stocks: CNY, FXCH, DSUM, CYB

    Building upon the steady evolution of yuan policy is a recent development in the increasing proliferation of the yuan's use in international trade. This time, it concerns the central banks of Taiwan and China, which recently signed a yuan-clearing agreement that would result in Taiwan allowing interbank trading of the yuan. The central banks also are steadily making developments in a currency swap deal. As noted by Bloomberg, "Nations including Singapore, Japan, and Thailand have signed similar deals with the world's second-biggest economy."

    Stocks: CNY, FXCH, DSUM, CYB
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