Lower barriers to capital accounts, make it easier to trade in China´s currency, the Renminbi. Offshore trading centers expand, at the country builds up it financial leverage. Financial analyst Sara Hsu has a look at the expanding RMB clearance banks in the Diplomat. After Hong Kong, London, Frankfurt and Seoul, Paris and Luxembourg followed.Read More →

Getty Images via @daylife Military tensions between China and the US are rising again as US aircraft carrier George Washington will join exercises with South-Korea in the Yellow Sea, writes Wendell Minnick in Defense News. The exact date the aircraft carrier would enter the Yellow Sea was not released. The George WashingtonRead More →