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A man looks at foreign currency exchange rates on an electronic panel in Jakarta, Indonesia. FOTO ANTARA/Rosa Panggabean/ed/mes/11

Indonesia and China inked a deal to promote the use of the Yuan and Rupiah. The political and economic implications are huge

The agreement marks a key milestone in strengthening bilateral financial cooperation between the world's largest exporter, China, and Southeast Asia's largest economy, Indonesia.
Allowing China’s currency to go up and down with the market is one way to longer-term stabilisation. Reuters/Kim Kyung-Hoon

Three ways China can tackle its currency dilemma

Beijing wants the Renminbi to become an international currency - but is it prepared to do what it takes?
EPA/How Hwee Young

The irresponsible stakeholder?

Whatever China’s policymakers do these days matters a lot, and not just to the denizens of the People’s Republic. On the contrary, for better or worse what happens in China has a powerful and often immediate…

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